| dc.description.abstract | It is commonly accepted that social media
reduces the productivity of an organization. However, due
to the shape of social media changing over time and
assisting to evolve new businesses, several studies state that
social media is no more an economic killer. The aim of the
present study is to review social media's effect on economic
growth. For this purpose, it conducted a systematic
literature review. After identifying appropriate keywords,
it searched five research databases and extracted related
articles. The selected articles were summarised considering
the article’s description of social media and economic
relations. Apart from that, it searched the social media
usage and inflation statistics of economically default
countries to visualise the relationship between the usage of
social media over inflation. The literature review found
social media positively impacts macroeconomic and small
business activities, but negatively impacts national
economic growth. Proving the literature outcome, the
inflation statistics analysis illustrated a positive relation
between social media usage and inflation increase. Then it
can state that social media affect economic growth
adversely but assist to start economic activities. | en_US |
