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Can Twitter help economic growth for countries?

Twitter has become a powerful tool for online communication, but more than that it has become an essential part of our daily fabric.

Today, hundreds of millions of people use Twitter to catch up on the daily news, to catch up with their friends, family members, and coworkers, and even to “follow along” with complete and total strangers or companies that they are interested or invested in.

At the same time, however, organizations large and small, as well as entire nations around the world, have been taking advantage of all that social media and Twitter in particular has to offer when it comes to developing significant economic growth.

Nations and businesses may use Twitter for different purposes, but it’s common sense that the more followers a business or nation has, the more people they get their message out to. This is why having a large following on social media websites like Twitter can be extremely useful.

Some businesses and organisations have been known to buy followers and likes from sites that offer thousands of them cheap or even free. Here’s an example of a website that sells followers at this link.

Believe it or not, Twitter can be a powerful tool for driving the new economy, and here are just a few ways that some nations are taking advantage of all the leverage this platform offers.

 

Communication is key for the economic growth of nations around the world

Obviously, crystal-clear communication is absolutely essential for the economic growth of any group, organization, or nation – and Twitter makes crystal-clear communication almost effortless. Thanks to its character limit (recently bumped up to 280 characters from the original 140 characters), Twitter requires you to be as concise, as clear, and as succinct as possible.

This helps nations get the news out about their economic opportunities in a way that leaves no margin for misunderstanding.

 

Collaboration is essential for economies to grow in today’s competitive market

Secondly, collaboration is a huge part of building economic growth in today’s competitive marketplace. Twitter is a powerful tool for collaboration, existing has its own collaborative infrastructure in nations that have a lack of collaborative spaces (especially in the developing world).

Twitter can act as a collaboration of and an easy way for local economies to take advantage of assets, resources, and skilled outsourced workers from around the world through this communication and collaboration tool.

Twitter, and social media in general, can bring awareness and attention to situations that the global community may have otherwise ignored

At the end of the day, Twitter brings every corner of our world closer and closer together. We no longer feel as though we are stuck on this blue marble completely separate and distinct from everyone else, but instead are able to appreciate that we are part of a truly global community.

Different products, different services, and different economic opportunities that exist in one nation are now able to exist all over the world, and Twitter goes a long way towards making that possible.

http://www.ltgdc.org.uk/can-twitter-help-economic-growth-for-countries/

seen at 18:31, 12 January in LTGDC.
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