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THE HISTORYOF FACE-BOOK AND
WHY IT IS IMPORTANTIN THE LIFE’S
OF INDIVIDUAL AROUND THE WORLD.
BY
TAIWO JUSTICE OLORUNLANA
TABLE OF CONTENTS.
CLARIFICATION.
DEDICATION
ACKNOWLEDGEMENT
INTRODUCTION.
CHAPTER1-HISTORY OF FACE-BOOK.
CHAPTER 2-IMPACT OF FACEBOOKON ECONOMYAND POLITICS
CHAPTER 3- WHY IT IS IMPORTANT IN THE LIFE’S OF INDIVIDUAL
AROUND THE WORLD.
CHAPTER4-WHY PEOPLE JOIN FACEBOOK.
CHAPTER5. RECOMMENDATION AND CONCLUSION .
REFERENCE
CLARIFICATION.
I certify that this bookwritten by Taiwo Justice Olorunlana.
DEDICATION
This bookis dedicated to almighty Father, the alpha and Omega, the
beginning and the ending , the finisher of my faiths. This bookis about the history
of Facebook and its impact in the life’s of individual’s around the world and how
it has changed American and the rest of the countries via technology for the
better;why it's important in the life of individual’s around the world and the reason
why people join these social media.
ACKNOWLEDGEMENT.
My estimate thanks goes to the Almighty God for making it possible and
practicable for me to undergo and complete this bookcalled “The History of
Facebookand its impact in the life of Individual’s around the world ” through the
processing of this book, I've encountered some challenges and delay, but I do
thanks God, who crowned me victory over them. Bible says “I can do everything
possible through Jesus Christ who strengthens me”( Phil.4,13). However, my
thoughtful and Orphic gratitude goes to everyone that has contributed in various
ways to the successfulof this book. First and foremost, is my able and workaholic
friends, Benzaire and Ojoayo ogungbure, olumide Omotehinse, Taryn Hamill.
Ayemo Oriade, kelvin Feyijimi Bayo Lana . I also acknowledged the effort and
advised of my darling promise Olanike Ayeyemi for bearing of my awkwardness
with me during the epoch of my course in University,she inspired me a lot and
have valuable contribution for my life.
My bound gratitude also goes to all my friends outside there, especially,
Taryn Hamil, Fran turner & Onyeka Obioha, Oyanbo owei for their parental
assistant and words of encouragement throughout my stayed in college. Also my
grateful goes to my sibling and all my friends outside there, Kelly Bayo
Olorunlana, Kelvin Feyijimi Idowu, Doiba Eshofonie, Oyins Titty, Adam
Yurkiewrtz , Oriade Ayemo, Olumide Omotehinse, Benzaire Semil, Sunday
Agbede, Centino Simon, Daniel Asekutu, Kunle Samagbeyin, Alaba Olorunlana,
ogungbure Ojoayo, Thomas Kune, and so on.
I also use this medium to appreciate the effort of my able and industrious,
workaholic brother Olumide Olorunlana for the opportunity he granted unto me
and his contribution towards my success during the period of my staying in the
University. Thanks you sir. Nonetheless, my gratitude also goes to my father Mr
oweala Olorunlana, and to my later mother Omolewa Olorunlana, continued to rest
in the bosomofour lord Jesus Christ.
INTRODUCTION
Mark Zuckerberg, “was an American computer programmer and Internet
Entrepreneur, best known as the co-founder and CEO of Facebook” (mark
Zuckerberg). Mark was in the position ofsetting the all-embracing management and
creation design or strategy for Facebook. He edge and ahead the strategy of
Facebook network and gain of its technology and communications. Mark
Zuckerberg started this innovation ideas, “Facebook in 2004 with his college
roommates Dustin Moskovitz and Chris Hughes” (Mark Zuckerberg). Facebookhas
been seem as one of the fastest and eloquent social network individuals used as way
of passes information form one person to others. Even though, you can use it for
making video call with your friends and love one. No matter how far the person are,
you gonna see him or her physically via videos call.
CHAPTER 1- HISTORY OF FACE-BOOK.
After Mark Zuckerberg finished from university in 2002, he was enrolled at
Harvard University by his second year at the English Ivy League institution, and
Mark has created an acceptability as the software innovator on campus. During that
period he was create a program named “coursematch” that assisted students to picks
their classes on the course alternative of other users. Mark Zuckerberg has already
left an indelible mark on American culture through his technology skills thus far.
Mark Zuckerberg is the man behind one of the greatest innovation (Facebook), and
also serve as the Chief Executive officer of the company, he was known as the
youngest Billionaire. His achievement has inspired various youngster in order to
work hard to achieve their goals. Facebookhas become number one social network
around the world, it definitely has become a part of American culture.
It has provided clear evidence of an increasing American economy and
culture. He has allowed American to view our world differently through his creation
of social network Facebook. Because Facebook has come across various
applications and social media platform that will continues to transforms American
culture and economy to a higher and greater access to information. Furthermore,
Facebook has changed the way Americans and other countries views the world
through the new information age. For Instance different kinds of businessmen and
women are using Facebook now as part of their marketing strategies, without
economy and culture proclivity.
The History of Facebookarrangement is still completely and considerably as
an issue or arguable answerable and to understand exhaustively the issue, the
detective or examiner would has to carry out a real hard work. Moreover, despite
the fact, all the contradistinction, the company’s history still be entitled to a careful
study as a bright good example of technological innovation which could connect or
join billions of people together as a family around the universe. Due to what
distinctiveness and eccentricity the company marking analyses Facebookbecame
the most attractive capitalized company in the market in accountof time or dairy,
the reason is that, it name attractive one, because it create awareness to our daily
life’s in order to know what is going on around the world . It’s free to join without
requested any money, and it is the leader of the other social network.
CHAPTER 2- IMPACT OF FACEBOOK ON ECONOMY AND POLITICS
Facebookhas enormous and exceptional impact on American economy and
around the world, according to the report by Reed Albertgotti noted that” Facebook
was responsible for $227 billion in global economic impact and 4.5 million jobs
in the year end October20014” (Reed A,). We all aware that Facebookhas a
tremendous impact on our culture, in business around the world, it also has impact
on politics, Nowadays every politicians make use of it because it played a crucial
role in many elections across the world as well as United States, Indian, Nigeria,
china and United Kingdom. However Facebookserved as the assembly of people
for a basis and inspired mass movements and political chagrin in many countries
Thinking of Another impact of Facebookon American economy and culture
is that popular videos and photos being shared has made it played an enormous
role in establishing immediate World Wide Web dignitary, promoting American
and other worlds singers, Artists, provide good fortune for religion speech, and
congressperson. I'veseem Facebookas a superior social networking and part of
technology that had thoroughly changed American and rest of the worlds culture
and economy.
Facebookhas become a legitimate part of the life we live which has
contributed positively to the American economy and culture. Majority of
Americans who own smartphones share thousands of videos, messages that tells
their life story. According to 2014 statistic “ 2.72% of American people using
Facebook, more also 30% of American teens that consider Facebook the most
important social network” (Expanded rambling). It definitely has become a part of
Aculture. It has provided clear evidence of an increasing American culture. And
also Mark Zuckerberg “acquired Instagram for approximately $1billion in cash”
(primack, Dan). Facebookcontinue to expand and adapt with the American culture
that allowed Americans to view the world differently today.
In February 2004 Mark Zuckerberg “launched the Facebook”(Sarah Phillip)
as it was creating known. On August 2005 after the address was purchased for
$200000, ´in September 2006 the network was extended beyond educational
institutions to anyone with a registers email address” (Sarah Phillip, 2007).
Furthermore on “October2008, Facebookannounced that it would get up its
international headquarter in Dublin Ireland “(Press released), But “as for February
2011, Facebookhas become the biggest and largest online photo host, being cited
by Facebookapplication and online photo aggregator pixable as expecting to have
100 billion photo by summer 2011”( Sarah Kessler, 2011). However, “in October
2011 over 350 million user accessed Facebookthrough their mobile phones
accounting for 33% of all Facebooktraffic” (Richard MacManus).
In today’s society Mark Zuckerberg is a person that has allowed Americans
and rest of the countries to view our world differently through Face-booking with
technologically advanced in the society. However, it creates new relationship
among people around the world.
In term of economy Facebookhas positive effect because it allowed
everybody to enjoy the incomparable riches that the global information expedient
offer, as a result of this, Facebookhas positive effect on our daily life. Moreover in
term of use, it has become a scaffold and podium to share knowledge between
producers, and consumers around the world. The sway or spread of the Facebook
has created assured changed in our society today in the way we communicating
and passing information, emporium around the globe. Besides this, producers and
consumers has become a richer through the uses of Facebook, and this social
media is the appreciable and manifest form of spreading information facts around
the global. In term of the benediction of Facebookhas assured effect in the life of
people in the society and their economy.
Facebook is a popular social media platform that is free to sign up and use.
The importance of Facebook is realized in its use as a connection point for one to
interact with loved ones, friends, colleagues and relatives and also it make us to feel
the real sense of belonging during chatting with new people. In addition, it`s ease as
a medium of personal contact, it helps teenagers prepare for life in the adult social
world. It also serve as the powerful way to communicate with our people, it also
motivate people to seek more friendship and to solve problem, like, situation when
people need someone advice to solve the problem his or her encounter, what he have
to do just posted anything that bothering orpother you and that it, within few minute
the problem will be solve when more than two hundred friend trying to cheer up and
advice you concerned your problem, within an hour you will felt better.
CHAPTER 3- WHY IT IS IMPORTANT IN THE LIFE’S OF INDIVIDUAL
AROUND THE WORLD.
In today’s society everybody around the universe used Facebook, the reason
why Facebookbecame very important around the world to everybody. According to
Data “more than one million people are using it daily from all around the world”
.mostpeopleuse Facebookforfun, the reasonFacebookis mostimportant is because
it’s easy way to stay in touch with our friends, exclusively our family whom are
outside their country, we can communicate with them on video chat, and messenger
chat, Facebookmake us understand the easier way we could know what our friends
are doing right away. However, Facebook has many other applications such as
messenger, video call and games that users can enjoy.
In addition to its individual advantages of personalconnection, its benefits are
felt in more ways than one as it comes off as the perfect way to get in touch in
communal settings with its open sharing feature set without the loss of privacy. It
seems to be the optimum communication tool of choice to disseminate individual
information in the society to heterogeneous audience without any delay. On
Facebook, new communities are easily created where activities are organized which
helps individuals in the society to communicate homogenous interest amidst
differing interests ona large scale. Facebookplays a good role in the life ofstudents,
becauseit brings new words, secureadmission and also help the job seeker to create
platform.
In places like Africa, Asia and even Southern America and other
underdeveloped countries and regions, Facebookserves as a medium of interacting
with the world as it brings those communities closer to the happenings of the real
world. This mean of education results in social transactions of chats and messages.
We can say it fosters social education as it brings civilization and development to
the youth of the society, and also it is important for people to begin paying close
attention to what it means to behave normal in public.
The growth rate and popularity of Facebooktoday make it more enormous
and useful to the individual’s around the world, and also makes it a legitimate chat
room. Over the last few years, Facebookhas grown at a phenomenal rate with the
inclusion of users of different cultures and backgrounds. The only commonalities
are the ideas and perspective of the user base to meet with new people and develop
new ideas. ”there are over 890 million daily active users, and 1.9 billion mobile
active user, 42% of marketer report that Facebookis crucial to their business
”(Zephoria).
I've realized that if Facebookwere to be a country it would be the 6th largest
country in the world. For example, “In 2010 statistics showed that over 90%
people living in Nigeria used Facebook. In Japan the Facebook usage statistic was
aggregated to be 51% male users and 49% female users. In the US, there are 46%
male users and 54% female users” (Free data. facebook.com). This statistics
analysis have makes me to understand that Facebookplay successive role in the
life of individual in each country.
Another way I've realized that it have indelible mark in our businesses
strategy, is that it stand as a business support tools which can be used to create
awareness on their product, enabling an easy connection between businesses and its
customers, supporting the economy as a means of advertisement. Since Facebook
can target users privately, it helps businesses in product campaigns for promotion
for opening marketing. Those companies make good reputation through Facebook
for creating awareness to their products and feature set oftheir products. Also enable
the businesses to noticed what is going on in another country, and to help the
businesses to upload picture, and video of their products, to allow they customers to
see their product without having to visit they premise. It guarantee their customers
to send and receive messagewith one another. also it is an interactive socialnetworks
in the form of video call, chatting, upload photo and videos, and most government
agents and businessmen and women were use it to create awareness into their
product, Even-though most politicians were used it to support their campaign. For
instance, when Obama was announced that he would be ruing for president, his
campaign was done on social network, like Facebook, Also during the general
election in Nigeria president Muhammad Buhari were done his campaigns on
Facebookin orderto have more supporter, this was gave him huge support. Another
instance is the use of Facebook for Public awareness. A good example is that of
OSOpadec (Ondo State Oil Producing Area Development Commission), Besides, a
Nigeria government agency also used Facebookto pass information to the indigent
members of their communities to involve them about the annually programs.
Facebookis also relevant as a toolto fight social causes like poverty, hunger,
religion, political causes etc. Evangelists and preachers of the gospel use Facebook
to spread the good news of our Lord Jesus Christ to the whole world. Majority of
News broadcasting in the world were use Facebook as way of pass information to
the world. A good example is the Vanguard,Shariah report, ABC news, and so on.
Facebookhas also now becomethe favorite sourceof news and global trends.
It reports worldwide trends as it unfolds news as feeds to its user base. Facebook
upload different news platform such as National news, Internationals news or any
kinds of news or any kind of the advertising, think Facebookis always with us that
we can reach every information every time we need them. It aggregates such news
from individual interests or based on the popularity of social topics as the news
breaks.
One of the passage I read in the practical argument textbook (page 300) the
writer says “Facebook has always been committed to being transparent about the
information you have stored with it. They have led the Internet in building tools to
give people the ability to seeand controlwhat they share” (Laurie G.Kirszner). Back
in the day, social media did not exist but today Mark Zuckerberg have create social
network through his technology skill which has evolved in such a way to evolve
Facebook and other social mediums. It seems to have improved social civilization
in an uncivilized or segmented sequestrated world order. And also allow us to check
in on mobile device at a particular place, so that our friends can see our location.
CHAPTER 4- THE REASON WHY PEOPLE JOIN FACEBOOK.
The reason why people join Facebook, is because their want to have an idea
of what's going on in the world. Why people join Facebookfor a couple of reasons
which may vary from it being the default social network, to the free cost of
membership and use, to its worldwide connectivity and its ease of messaging and
connection, in addition people join Facebook because of need to belong, need for
self-presentation and self-esteem, self-worth to associateclosely with peopleon line.
People join Facebookbecauseofjob recruitment tools. Facebookserves as the place
to go for online job hunting. A good number of companies have lists of jobs, job
seekers then connectto these companies through Facebook. This exchange help both
job seekers to showcasetheir skills and for companies to screen job candidates. As
a means of job connections, Facebook can be said to reduce unemployment,
influencing the standard of the community that way.
People join Facebook to search College opportunities and to engage in the
admission process. High school students use this communication portal to gain
admission into Colleges and Universities. In addition, people also connect to
businesses this way for wieldy business transaction for means ofthis communication
portal for informational exchange, in order to create a strong relationship among the
producers and their customers.
People got marriage partners through Facebook by chatting and send photos
from one country to another. I also see Facebook as a helpful social network that
join many countries as one. Through Facebook, most people maintain a destination
where others go to find out more information about others. By using Google search
, Bing and other search engines are now indexed to profile information of the use
base on Facebook.
This technology (Facebook)has taken the world’s by storm and has become
an important element in the field of communication in the life’s of individual’s,
business and the society at large. It allows individuals to connect with each other's
on a one to one basis, it has the ability to provide individuals with information on
potential new connection to friends as well as customers for businesses. For
Facebook to connect businesses with customers, it plays the role of the means of
communication between businesses and their customers and prospect, this mean that
Facebookhave turned away from traditional communication tools like, advertising,
newspaper and direct mail and has become the established storefront for the
customers. Through Facebook producers got enormous customers that will
patronage their products. Many companies used Facebookas the advertising and the
place of recruit people like job seeker, above-mentioned, Facebookis helpful in the
life of individual in the society, and also Facebook cannot be privacy, it can be
public.
Facebook’sinfluence on marketing communication,” 92% of marketer make
use of Facebook” (free data. Facebook.com) to advertised their products and it
creates the ability to reach out to customers and build good relationships among them
in as much as to provide the ability to share interactions that can involve multimedia
used of photos and videos of their products. It mandatory and irremissible for
students like me, to exchange idea during chatting and have ideas of what happens
in other continents, with all this evidence after said. Facebookis reliable and helpful
in the life of individual in the society.
I've read one bookit called “Practical argument” some authors said Facebook
should be privacy and others said its cannot be privacy. But to me I after I've views
deeply about the enormous and benefit of Facebookin the life's of individuals. I've
said it cannot be privacy because it used by enormous companies and their use it to
pass information and recruiting employee. One author in the practical argument said
“Facebook cannot be private that photo we just shared with friends, and it obvious
that Facebookis onthe internet, the main function is to distribute information around
the world, moreover, many employers are taking the advantage of the treasure trove
of information that Facebook sites provide”( Farhad). I do hundred percent agree
with Farhad Manjoo with his views about Facebook. Other author says “Facebook
has been relentless in its effort to make more of what it knows about us like the
music we listen to, the photo we share and the friends we have available to our
community through creative means”( Nicholas). However, Facebookis important in
the life ofindividual in the society becauseit serve as an engine that pass information
and reduce unemployment rate. Even though it do more good than harms.
CHAPTER 5. RECOMMENDATION AND CONCLUSION .
It’s clear to all that the world is moving toward one direction through the
innovation or creation of Facebookwhich have make American look thing
different today and also helped the citizens in the field of technology stuffs to
reach of millions of new ideas . More also Facebookis changing the way people
interacting online through people. Facebookis also a popular service with its
advertising abilities targeting a specific consumer. In the aspectof professional
innovative, think Facebookalso has strong impact in increasing number of
scientific journalist using it to passing some ideas to the people. In addition to this
want all those who would read my research paper to believe me without doubtthat
Mark Zuckerberg has indelible mark on American economy and culture even all
the rest of countries in the world through his creation of Facebook, which has done
a lot of positively to humanity today and will continue to do as far as
communication and the world exist therefore. It is the bestsocial tools since we
have internet.
REFERENCE
Albertgotti. R. “Facebooktouts its economic impact but economist question number. 2015.
Farhad Manjoo “it’s Not All Facebook’s Facebook “Carolyn Elefant “Do Employer Using
Facebookfor Background Checks Face Legal Risks” 2008.
Mark Zuckerberg. The Biography. Com website. Retrieved 10.49. July 02, 2015.
Mark Zucherberg”Our Commitment to the FacebookCommunity. 2005.
Nicholas Thompson “Bigger Brother; the Exponential Law of Privacy Loss Practical
Argument (2nd Ed) Laurie G.Kirszner Stephen R.Mandell, Bedford / St. Martin’s
Boston. New York (pages 284,300,307,309)
Primack, Dan. “Breaking: Facebook buying Instagram for $1billion”CNNmoney.com
retrieved April 9, 2012.
Richard MacManus.” Facebook mobile usage set to explode” read write web. Retrieved
May, 2012.
Sarah Phillips. “A brief history of Facebook”from theguardian.com July, 2007.
Sarah Kessler. ”Facebookphoto by the number” mashable Retrieved May, 2012.
http://Zephoria.com/social- media/topp-15 valuable- Facebook-statistics/.
Press Released “Facebook November 30, 2005, Retrieved Number 30, 2008.
Httpp/www.freedatalabs.facebook.com
The history of facebook and its impact in the life's of individuals in the world. by justice taiwo olorunlana

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The history of facebook and its impact in the life's of individuals in the world. by justice taiwo olorunlana

  • 1. THE HISTORYOF FACE-BOOK AND WHY IT IS IMPORTANTIN THE LIFE’S OF INDIVIDUAL AROUND THE WORLD. BY TAIWO JUSTICE OLORUNLANA
  • 2. TABLE OF CONTENTS. CLARIFICATION. DEDICATION ACKNOWLEDGEMENT INTRODUCTION. CHAPTER1-HISTORY OF FACE-BOOK. CHAPTER 2-IMPACT OF FACEBOOKON ECONOMYAND POLITICS CHAPTER 3- WHY IT IS IMPORTANT IN THE LIFE’S OF INDIVIDUAL AROUND THE WORLD. CHAPTER4-WHY PEOPLE JOIN FACEBOOK. CHAPTER5. RECOMMENDATION AND CONCLUSION . REFERENCE
  • 3. CLARIFICATION. I certify that this bookwritten by Taiwo Justice Olorunlana.
  • 4. DEDICATION This bookis dedicated to almighty Father, the alpha and Omega, the beginning and the ending , the finisher of my faiths. This bookis about the history of Facebook and its impact in the life’s of individual’s around the world and how it has changed American and the rest of the countries via technology for the better;why it's important in the life of individual’s around the world and the reason why people join these social media.
  • 5. ACKNOWLEDGEMENT. My estimate thanks goes to the Almighty God for making it possible and practicable for me to undergo and complete this bookcalled “The History of Facebookand its impact in the life of Individual’s around the world ” through the processing of this book, I've encountered some challenges and delay, but I do thanks God, who crowned me victory over them. Bible says “I can do everything possible through Jesus Christ who strengthens me”( Phil.4,13). However, my thoughtful and Orphic gratitude goes to everyone that has contributed in various ways to the successfulof this book. First and foremost, is my able and workaholic friends, Benzaire and Ojoayo ogungbure, olumide Omotehinse, Taryn Hamill. Ayemo Oriade, kelvin Feyijimi Bayo Lana . I also acknowledged the effort and advised of my darling promise Olanike Ayeyemi for bearing of my awkwardness with me during the epoch of my course in University,she inspired me a lot and have valuable contribution for my life. My bound gratitude also goes to all my friends outside there, especially, Taryn Hamil, Fran turner & Onyeka Obioha, Oyanbo owei for their parental assistant and words of encouragement throughout my stayed in college. Also my grateful goes to my sibling and all my friends outside there, Kelly Bayo Olorunlana, Kelvin Feyijimi Idowu, Doiba Eshofonie, Oyins Titty, Adam Yurkiewrtz , Oriade Ayemo, Olumide Omotehinse, Benzaire Semil, Sunday
  • 6. Agbede, Centino Simon, Daniel Asekutu, Kunle Samagbeyin, Alaba Olorunlana, ogungbure Ojoayo, Thomas Kune, and so on. I also use this medium to appreciate the effort of my able and industrious, workaholic brother Olumide Olorunlana for the opportunity he granted unto me and his contribution towards my success during the period of my staying in the University. Thanks you sir. Nonetheless, my gratitude also goes to my father Mr oweala Olorunlana, and to my later mother Omolewa Olorunlana, continued to rest in the bosomofour lord Jesus Christ.
  • 7. INTRODUCTION Mark Zuckerberg, “was an American computer programmer and Internet Entrepreneur, best known as the co-founder and CEO of Facebook” (mark Zuckerberg). Mark was in the position ofsetting the all-embracing management and creation design or strategy for Facebook. He edge and ahead the strategy of Facebook network and gain of its technology and communications. Mark Zuckerberg started this innovation ideas, “Facebook in 2004 with his college roommates Dustin Moskovitz and Chris Hughes” (Mark Zuckerberg). Facebookhas been seem as one of the fastest and eloquent social network individuals used as way of passes information form one person to others. Even though, you can use it for making video call with your friends and love one. No matter how far the person are, you gonna see him or her physically via videos call.
  • 8. CHAPTER 1- HISTORY OF FACE-BOOK. After Mark Zuckerberg finished from university in 2002, he was enrolled at Harvard University by his second year at the English Ivy League institution, and Mark has created an acceptability as the software innovator on campus. During that period he was create a program named “coursematch” that assisted students to picks their classes on the course alternative of other users. Mark Zuckerberg has already left an indelible mark on American culture through his technology skills thus far. Mark Zuckerberg is the man behind one of the greatest innovation (Facebook), and also serve as the Chief Executive officer of the company, he was known as the youngest Billionaire. His achievement has inspired various youngster in order to work hard to achieve their goals. Facebookhas become number one social network around the world, it definitely has become a part of American culture. It has provided clear evidence of an increasing American economy and culture. He has allowed American to view our world differently through his creation of social network Facebook. Because Facebook has come across various applications and social media platform that will continues to transforms American culture and economy to a higher and greater access to information. Furthermore, Facebook has changed the way Americans and other countries views the world through the new information age. For Instance different kinds of businessmen and
  • 9. women are using Facebook now as part of their marketing strategies, without economy and culture proclivity. The History of Facebookarrangement is still completely and considerably as an issue or arguable answerable and to understand exhaustively the issue, the detective or examiner would has to carry out a real hard work. Moreover, despite the fact, all the contradistinction, the company’s history still be entitled to a careful study as a bright good example of technological innovation which could connect or join billions of people together as a family around the universe. Due to what distinctiveness and eccentricity the company marking analyses Facebookbecame the most attractive capitalized company in the market in accountof time or dairy, the reason is that, it name attractive one, because it create awareness to our daily life’s in order to know what is going on around the world . It’s free to join without requested any money, and it is the leader of the other social network.
  • 10. CHAPTER 2- IMPACT OF FACEBOOK ON ECONOMY AND POLITICS Facebookhas enormous and exceptional impact on American economy and around the world, according to the report by Reed Albertgotti noted that” Facebook was responsible for $227 billion in global economic impact and 4.5 million jobs in the year end October20014” (Reed A,). We all aware that Facebookhas a tremendous impact on our culture, in business around the world, it also has impact on politics, Nowadays every politicians make use of it because it played a crucial role in many elections across the world as well as United States, Indian, Nigeria, china and United Kingdom. However Facebookserved as the assembly of people for a basis and inspired mass movements and political chagrin in many countries Thinking of Another impact of Facebookon American economy and culture is that popular videos and photos being shared has made it played an enormous role in establishing immediate World Wide Web dignitary, promoting American and other worlds singers, Artists, provide good fortune for religion speech, and congressperson. I'veseem Facebookas a superior social networking and part of technology that had thoroughly changed American and rest of the worlds culture and economy. Facebookhas become a legitimate part of the life we live which has contributed positively to the American economy and culture. Majority of
  • 11. Americans who own smartphones share thousands of videos, messages that tells their life story. According to 2014 statistic “ 2.72% of American people using Facebook, more also 30% of American teens that consider Facebook the most important social network” (Expanded rambling). It definitely has become a part of Aculture. It has provided clear evidence of an increasing American culture. And also Mark Zuckerberg “acquired Instagram for approximately $1billion in cash” (primack, Dan). Facebookcontinue to expand and adapt with the American culture that allowed Americans to view the world differently today. In February 2004 Mark Zuckerberg “launched the Facebook”(Sarah Phillip) as it was creating known. On August 2005 after the address was purchased for $200000, ´in September 2006 the network was extended beyond educational institutions to anyone with a registers email address” (Sarah Phillip, 2007). Furthermore on “October2008, Facebookannounced that it would get up its international headquarter in Dublin Ireland “(Press released), But “as for February 2011, Facebookhas become the biggest and largest online photo host, being cited by Facebookapplication and online photo aggregator pixable as expecting to have 100 billion photo by summer 2011”( Sarah Kessler, 2011). However, “in October 2011 over 350 million user accessed Facebookthrough their mobile phones accounting for 33% of all Facebooktraffic” (Richard MacManus).
  • 12. In today’s society Mark Zuckerberg is a person that has allowed Americans and rest of the countries to view our world differently through Face-booking with technologically advanced in the society. However, it creates new relationship among people around the world. In term of economy Facebookhas positive effect because it allowed everybody to enjoy the incomparable riches that the global information expedient offer, as a result of this, Facebookhas positive effect on our daily life. Moreover in term of use, it has become a scaffold and podium to share knowledge between producers, and consumers around the world. The sway or spread of the Facebook has created assured changed in our society today in the way we communicating and passing information, emporium around the globe. Besides this, producers and consumers has become a richer through the uses of Facebook, and this social media is the appreciable and manifest form of spreading information facts around the global. In term of the benediction of Facebookhas assured effect in the life of people in the society and their economy. Facebook is a popular social media platform that is free to sign up and use. The importance of Facebook is realized in its use as a connection point for one to interact with loved ones, friends, colleagues and relatives and also it make us to feel the real sense of belonging during chatting with new people. In addition, it`s ease as a medium of personal contact, it helps teenagers prepare for life in the adult social
  • 13. world. It also serve as the powerful way to communicate with our people, it also motivate people to seek more friendship and to solve problem, like, situation when people need someone advice to solve the problem his or her encounter, what he have to do just posted anything that bothering orpother you and that it, within few minute the problem will be solve when more than two hundred friend trying to cheer up and advice you concerned your problem, within an hour you will felt better.
  • 14. CHAPTER 3- WHY IT IS IMPORTANT IN THE LIFE’S OF INDIVIDUAL AROUND THE WORLD. In today’s society everybody around the universe used Facebook, the reason why Facebookbecame very important around the world to everybody. According to Data “more than one million people are using it daily from all around the world” .mostpeopleuse Facebookforfun, the reasonFacebookis mostimportant is because it’s easy way to stay in touch with our friends, exclusively our family whom are outside their country, we can communicate with them on video chat, and messenger chat, Facebookmake us understand the easier way we could know what our friends are doing right away. However, Facebook has many other applications such as messenger, video call and games that users can enjoy. In addition to its individual advantages of personalconnection, its benefits are felt in more ways than one as it comes off as the perfect way to get in touch in communal settings with its open sharing feature set without the loss of privacy. It seems to be the optimum communication tool of choice to disseminate individual information in the society to heterogeneous audience without any delay. On Facebook, new communities are easily created where activities are organized which helps individuals in the society to communicate homogenous interest amidst differing interests ona large scale. Facebookplays a good role in the life ofstudents,
  • 15. becauseit brings new words, secureadmission and also help the job seeker to create platform. In places like Africa, Asia and even Southern America and other underdeveloped countries and regions, Facebookserves as a medium of interacting with the world as it brings those communities closer to the happenings of the real world. This mean of education results in social transactions of chats and messages. We can say it fosters social education as it brings civilization and development to the youth of the society, and also it is important for people to begin paying close attention to what it means to behave normal in public. The growth rate and popularity of Facebooktoday make it more enormous and useful to the individual’s around the world, and also makes it a legitimate chat room. Over the last few years, Facebookhas grown at a phenomenal rate with the inclusion of users of different cultures and backgrounds. The only commonalities are the ideas and perspective of the user base to meet with new people and develop new ideas. ”there are over 890 million daily active users, and 1.9 billion mobile active user, 42% of marketer report that Facebookis crucial to their business ”(Zephoria). I've realized that if Facebookwere to be a country it would be the 6th largest country in the world. For example, “In 2010 statistics showed that over 90% people living in Nigeria used Facebook. In Japan the Facebook usage statistic was
  • 16. aggregated to be 51% male users and 49% female users. In the US, there are 46% male users and 54% female users” (Free data. facebook.com). This statistics analysis have makes me to understand that Facebookplay successive role in the life of individual in each country. Another way I've realized that it have indelible mark in our businesses strategy, is that it stand as a business support tools which can be used to create awareness on their product, enabling an easy connection between businesses and its customers, supporting the economy as a means of advertisement. Since Facebook can target users privately, it helps businesses in product campaigns for promotion for opening marketing. Those companies make good reputation through Facebook for creating awareness to their products and feature set oftheir products. Also enable the businesses to noticed what is going on in another country, and to help the businesses to upload picture, and video of their products, to allow they customers to see their product without having to visit they premise. It guarantee their customers to send and receive messagewith one another. also it is an interactive socialnetworks in the form of video call, chatting, upload photo and videos, and most government agents and businessmen and women were use it to create awareness into their product, Even-though most politicians were used it to support their campaign. For instance, when Obama was announced that he would be ruing for president, his campaign was done on social network, like Facebook, Also during the general
  • 17. election in Nigeria president Muhammad Buhari were done his campaigns on Facebookin orderto have more supporter, this was gave him huge support. Another instance is the use of Facebook for Public awareness. A good example is that of OSOpadec (Ondo State Oil Producing Area Development Commission), Besides, a Nigeria government agency also used Facebookto pass information to the indigent members of their communities to involve them about the annually programs. Facebookis also relevant as a toolto fight social causes like poverty, hunger, religion, political causes etc. Evangelists and preachers of the gospel use Facebook to spread the good news of our Lord Jesus Christ to the whole world. Majority of News broadcasting in the world were use Facebook as way of pass information to the world. A good example is the Vanguard,Shariah report, ABC news, and so on. Facebookhas also now becomethe favorite sourceof news and global trends. It reports worldwide trends as it unfolds news as feeds to its user base. Facebook upload different news platform such as National news, Internationals news or any kinds of news or any kind of the advertising, think Facebookis always with us that we can reach every information every time we need them. It aggregates such news from individual interests or based on the popularity of social topics as the news breaks. One of the passage I read in the practical argument textbook (page 300) the writer says “Facebook has always been committed to being transparent about the
  • 18. information you have stored with it. They have led the Internet in building tools to give people the ability to seeand controlwhat they share” (Laurie G.Kirszner). Back in the day, social media did not exist but today Mark Zuckerberg have create social network through his technology skill which has evolved in such a way to evolve Facebook and other social mediums. It seems to have improved social civilization in an uncivilized or segmented sequestrated world order. And also allow us to check in on mobile device at a particular place, so that our friends can see our location.
  • 19. CHAPTER 4- THE REASON WHY PEOPLE JOIN FACEBOOK. The reason why people join Facebook, is because their want to have an idea of what's going on in the world. Why people join Facebookfor a couple of reasons which may vary from it being the default social network, to the free cost of membership and use, to its worldwide connectivity and its ease of messaging and connection, in addition people join Facebook because of need to belong, need for self-presentation and self-esteem, self-worth to associateclosely with peopleon line. People join Facebookbecauseofjob recruitment tools. Facebookserves as the place to go for online job hunting. A good number of companies have lists of jobs, job seekers then connectto these companies through Facebook. This exchange help both job seekers to showcasetheir skills and for companies to screen job candidates. As a means of job connections, Facebook can be said to reduce unemployment, influencing the standard of the community that way. People join Facebook to search College opportunities and to engage in the admission process. High school students use this communication portal to gain admission into Colleges and Universities. In addition, people also connect to businesses this way for wieldy business transaction for means ofthis communication portal for informational exchange, in order to create a strong relationship among the producers and their customers.
  • 20. People got marriage partners through Facebook by chatting and send photos from one country to another. I also see Facebook as a helpful social network that join many countries as one. Through Facebook, most people maintain a destination where others go to find out more information about others. By using Google search , Bing and other search engines are now indexed to profile information of the use base on Facebook. This technology (Facebook)has taken the world’s by storm and has become an important element in the field of communication in the life’s of individual’s, business and the society at large. It allows individuals to connect with each other's on a one to one basis, it has the ability to provide individuals with information on potential new connection to friends as well as customers for businesses. For Facebook to connect businesses with customers, it plays the role of the means of communication between businesses and their customers and prospect, this mean that Facebookhave turned away from traditional communication tools like, advertising, newspaper and direct mail and has become the established storefront for the customers. Through Facebook producers got enormous customers that will patronage their products. Many companies used Facebookas the advertising and the place of recruit people like job seeker, above-mentioned, Facebookis helpful in the life of individual in the society, and also Facebook cannot be privacy, it can be public.
  • 21. Facebook’sinfluence on marketing communication,” 92% of marketer make use of Facebook” (free data. Facebook.com) to advertised their products and it creates the ability to reach out to customers and build good relationships among them in as much as to provide the ability to share interactions that can involve multimedia used of photos and videos of their products. It mandatory and irremissible for students like me, to exchange idea during chatting and have ideas of what happens in other continents, with all this evidence after said. Facebookis reliable and helpful in the life of individual in the society. I've read one bookit called “Practical argument” some authors said Facebook should be privacy and others said its cannot be privacy. But to me I after I've views deeply about the enormous and benefit of Facebookin the life's of individuals. I've said it cannot be privacy because it used by enormous companies and their use it to pass information and recruiting employee. One author in the practical argument said “Facebook cannot be private that photo we just shared with friends, and it obvious that Facebookis onthe internet, the main function is to distribute information around the world, moreover, many employers are taking the advantage of the treasure trove of information that Facebook sites provide”( Farhad). I do hundred percent agree with Farhad Manjoo with his views about Facebook. Other author says “Facebook has been relentless in its effort to make more of what it knows about us like the music we listen to, the photo we share and the friends we have available to our
  • 22. community through creative means”( Nicholas). However, Facebookis important in the life ofindividual in the society becauseit serve as an engine that pass information and reduce unemployment rate. Even though it do more good than harms.
  • 23. CHAPTER 5. RECOMMENDATION AND CONCLUSION . It’s clear to all that the world is moving toward one direction through the innovation or creation of Facebookwhich have make American look thing different today and also helped the citizens in the field of technology stuffs to reach of millions of new ideas . More also Facebookis changing the way people interacting online through people. Facebookis also a popular service with its advertising abilities targeting a specific consumer. In the aspectof professional innovative, think Facebookalso has strong impact in increasing number of scientific journalist using it to passing some ideas to the people. In addition to this want all those who would read my research paper to believe me without doubtthat Mark Zuckerberg has indelible mark on American economy and culture even all the rest of countries in the world through his creation of Facebook, which has done a lot of positively to humanity today and will continue to do as far as communication and the world exist therefore. It is the bestsocial tools since we have internet.
  • 24. REFERENCE Albertgotti. R. “Facebooktouts its economic impact but economist question number. 2015. Farhad Manjoo “it’s Not All Facebook’s Facebook “Carolyn Elefant “Do Employer Using Facebookfor Background Checks Face Legal Risks” 2008. Mark Zuckerberg. The Biography. Com website. Retrieved 10.49. July 02, 2015. Mark Zucherberg”Our Commitment to the FacebookCommunity. 2005. Nicholas Thompson “Bigger Brother; the Exponential Law of Privacy Loss Practical Argument (2nd Ed) Laurie G.Kirszner Stephen R.Mandell, Bedford / St. Martin’s Boston. New York (pages 284,300,307,309) Primack, Dan. “Breaking: Facebook buying Instagram for $1billion”CNNmoney.com retrieved April 9, 2012. Richard MacManus.” Facebook mobile usage set to explode” read write web. Retrieved May, 2012. Sarah Phillips. “A brief history of Facebook”from theguardian.com July, 2007. Sarah Kessler. ”Facebookphoto by the number” mashable Retrieved May, 2012. http://Zephoria.com/social- media/topp-15 valuable- Facebook-statistics/. Press Released “Facebook November 30, 2005, Retrieved Number 30, 2008. Httpp/www.freedatalabs.facebook.com