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How has social media impacted the economic landscape in India?
  • a)
    Boosted the creator economy and e-commerce
  • b)
    Increased government censorship
  • c)
    Decreased employment opportunities
  • d)
    Strengthened traditional media channels
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
How has social media impacted the economic landscape in India?a) Boost...
Social media has significantly boosted India's digital economy by fostering the growth of the creator economy and enhancing e-commerce. The number of creators has surged, contributing to a substantial portion of the workforce. Moreover, businesses leverage social media for marketing and customer engagement, which has been instrumental for brands like Patanjali and boAt in gaining visibility. An interesting aspect is how social media has transformed marketing strategies, leading to a more dynamic and accessible marketplace for small businesses and startups.
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