THE IMPORTANCE OF DIVIDING SOCIAL NETWORKS INTO COMMUNITIES IN THE ECONOMY
Keywords:
Social Networks, Communities, Economy, Resource Allocation, Market Segmentation, Entrepreneurship, Innovation, Economic Resilience, Economic Downturn, Financial Inclusion, Economic Empowerment, Information Asymmetry, Personalization, Customer Loyalty, Market Gaps, Localized Sharing, Digital Divide, Data Privacy.Abstract
This article discusses the significant economic benefits associated with strategically dividing social networks into communities. The structure and various functions of these segmented social networks can contribute to enhanced resource allocation, effective market segmentation, crucial innovation and entrepreneurship, and robust support during economic downturns. Meanwhile, they can foster financial inclusion, promoting economic opportunities for traditionally underserved groups in society. Balancing these benefits with potential negative impacts such as privacy concerns, echo chambers, and the digital divide are also underscored for prudent and responsible usage of this digital tool.
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