ECONOMY

These is a list most of the web 2.0 tools which can be used to help people in economy and also understanding economy in depth.

1. Aid page – This is a web 2.0 tool which helps people understand economy in more detail. http://www.aidpage.com/
2. Associated content – this web 2.0 is also for economy. It contains most of the vocabulary which helps people in understanding economy with ease. http://www.associatedcontent.com/
3. Democracy2.0* - This is contains information on the economy subject. http://d2.stevemagruder.com/hub.php

These are some more tools of web 2.0

Wikipedia

Wikipedia is an encyclopedia. It is a multilingual encyclopedia, which means that people can have access to it in his own native languages. It also ranks 2nd

Disadvantages
Anyone can edit it, therefore, sometimes the information cannot be reliable, therefore teacher and professors do not recommend Wikipedia.

Advantages.
More sources means the information can be accurate.
Quick and easy to find the desired information.
Great for finding facts and general knowledge.
Information is clearly explained and also very well distributed.

Social impact
Wikipedia help the users to find a variety of facts and history. It help children in their education, therefore it increases their general knowledge.


MySpace

It is also a social networking place, just like Facebook. It provides users with blogs, personal profile, photos, music, and videos for teenager and adults internationally. MySpace was the most popular social networking website in United States in June 2006.

Advantages
You can find your old friends on MySpace.
You can also communicates.

Disadvantages
People spend hours socializing

Social impact.
It does effect the once social life. As this is a social networking site. Therefore children which are amazed by this spend a lot of time on these site. This affects their education also.

This is a graph which shows the rise in the visitor from year Nov 2006 to Jan-2008. there has been a rapid change in the amount of visitors from Jan 2007 to Sep 2007. there is a increase of about 12,000 visitors.

Web 2.0 tools

these are 2 of the tools which come under the tree of web 2.0:

YouTube.
It is a video sharing website where, an individual can upload or share his/her video and view other videos. YouTube is another example of Web 2.0, this is because it is a way of communicating, as we look at each others videos and get to learn more things. Youtube was introduced to people in 2005. According to a site, which show that YouTube ranks no. 1 in the largest web 2.0 sites. About 80,600,000 visitors monthly.

Disadvantages
• Crappy content
• Fake content
• Low quality
• Annoying tag in videos
• Sometimes there are inappropriate stuff

Advantages
• You can become famous
• Tons of uses
• Tons of users mean Tons of content

Social impact.
We get to interact with many people and also get to know their dislikes and likes. It makes you learn more thing and develop yourself. You can also find the TV shows which were missed by you and also for educational purposes.


Facebook.
It is a social networking website. User can share photos, videos, chat, play games, add friends and many more. According to one of the website, which shows that Facebook ranks no. 2nd among the top web 2.0 sites.

Advantages
• Allows finding new and old friends and being in contact with them.
• Easier to join group and have the same like and dislike.
Disadvantages
• Overcrowded
• Stalking is possible
• Acquaintances be labeled as friends
• In Facebook networks, people can look at your profile and therefore there is no privacy.

Social impact
Due to the interesting things that Facebook provides the users, make them very addictive to it. Therefore they spend hours on Facebook chatting and interacting with other people around the world.

Interview

I have interviewed a student who has done Electronic engeneering and presently doing MBA. His thoughts on this topic were as following.

"Web 2.0 is the latest protocol which is used for accessing internet. this is because it enables the interactive communication. It is a new to socially network yourself. it allows you to learn more things, but the are also some disadvantages to this. As because the childern get distracted and they spend hour on the sites like Orkut and facebook. They have also opened the areas of cyber crime, example hacking the personal information, breaching of privacy and morphing. "

Reflection on the essential question.

I think that it is very good to use the web 2.0 becuase it affect our knowledge in many good ways. By using web2.0 we get to interact with many different people and also culture. technology has developed a lot in few years. It also developes our knowledge of our surrounding too, so i think technology plays a very important role in each of our lives.