Some Countries Block Access to Social Media Because of Fears

question 250

Essay

Some countries block access to social media because of fears that opposition to the government will be coordinated through social media.What effect would blocking social media have on economic growth in these countries,all other things being equal?

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Definitions:

Simple Interest

Interest calculated only on the principal amount, not on the interest that has been added over time.

Repay

The act of paying back money that was borrowed from a person or institution.

Term Deposit

A fixed-term investment held at a financial institution where money can be invested for a certain period of time, earning a predetermined interest rate.

Simple Interest

Interest measured solely on the primary amount, not factoring in compounding.