Question

In: Economics

The internet and online social media in particular are giving people unprecedented ability to express their...

The internet and online social media in particular are giving people unprecedented ability to express their views and share information with others. On the other hand the truth of what people say online and the sheer volume of information are hard for most people to handle. In Germany the government has introduced the Net Enforcement Law which prohibits certain kinds of online speech (e.g. incitement to hatred). Social media firms have 24 hours to check and remove suspect posts reported by users or face huge fines. Use the theories of market failure and government intervention to explain the reasons for Germany’s new law. Critically discuss potential problems with this intervention.

** I don't understand which part is positive / negative externalities in production / consumption

Solutions

Expert Solution

1.In Germany Government introduced Net Enforcement Law in 1 January 2018 because of Most of Individuals user Do violation of law on internet, they Viral Combating hate speech and Also Germany Charge €50 millions to online platform/Social Media Platform they keep this contents on their server and after that they Germany Government introduce Net Enforcement Law to protect this type of violation, and made law they have delete Combating hate speech/Hatred and Extremism. content in 24 hours., to avoide these type of Law viloation which spread bad message on public about any entity or individual or government .

Discuss about Germany government intervention And Online platform Failure to Delete this contents on their server, as I mentioned because of that government intervention in this matter and create Net Enforcement Law which is ethical to protect public Rights of Germany and government rights. After this legislation implementation Germany, Public support it and found at this legislation is efficient and response to the threat of online Hatred and Extremism.

2. Discuss about Internet Positive and Negative consumption, Every coin have two side one is good and another is bad,

Same as internet consumption is good for world and also bad.,

With the help of internet world growth increase day to day, without internet it is not possible, with the internet within a second we can do work, internet is beneficial for individual or any firm for success and growth.,

Same opposite side of internet is it is a bad cause it can viral bad message, videos about country within a seconds, Also Misuser use internet to hacking site and money's,

As Product consumption of internet is positive, and beneficial for world and necessary for worldwide.


Related Solutions

The internet and online social media in particular are giving people unprecedented ability to express their...
The internet and online social media in particular are giving people unprecedented ability to express their views and share information with others. On the other hand the truth of what people say online and the sheer volume of information are hard for most people to handle. In Germany the government has introduced the Net Enforcement Law which prohibits certain kinds of online speech (e.g. incitement to hatred). Social media firms have 24 hours to check and remove suspect posts reported...
What impact has the internet and social media had on bullying? Has the online world made...
What impact has the internet and social media had on bullying? Has the online world made bullying more pernicious and widespread? If so, why? Have you ever engaged in cyber-bullying that you would never do offline (that is, face-to-face with another person)?
Social Media The sharing of health care information online through the many social media applications is...
Social Media The sharing of health care information online through the many social media applications is standard practice for both providers and patients. Although statistics vary, it is estimated that approximately 70 percent of the public use some form of social media Case: Megan, age 40, wants to lose at least ten pounds. She has tried some of the weight loss centers that charge a fee but hasn’t met with much success as the requirements are ones that she doesn’t...
why people post photos on social media?
why people post photos on social media?
DQ #2 – Consumers & Online Contracts The use of the internet has created the ability...
DQ #2 – Consumers & Online Contracts The use of the internet has created the ability for many businesses to extend offers to contract for services or products via email to large groups of people who may or may not have requested the offer. It is possible to enter into an e-contract without ever having met the offeror? Examples of contracts entered into online include a plethora of consumer products including: contracts to purchase prescriptions, insurance, credit cards, just to...
In social media, or the news, or internet in general, or your day to day life...
In social media, or the news, or internet in general, or your day to day life how did cancer cell, nutrition in animals, circulation, and exchange, animal form and function helped you to verify, question, support or apply the information of the importance or the effects found in your our daily life? Give me 3 complete examples (3 paragraphs). what has social media or the news shown about them?
Social selling online, through smartphones and social media, is one of the fastest growing sales trends
Social selling online, through smartphones and social media, is one of the fastest growing sales trends in hospitality and tourism. It has not fundamentally changed the selling process, but the elements of the sales process are slightly different. How would you describe the process in terms of pre-purchase, package construction and purchase, product use, and post travel?
Social Media Discussion This week it all about the Social Animal of People - How does...
Social Media Discussion This week it all about the Social Animal of People - How does our social media consumption effect our group formations? IS is good or bad? What does the book think? What about Fortnight? This was a comment form a student on the Video assignment I am not sure I could come up with a direct link that I know of about social media and the works of memory but I can think of how social media...
Smalltalk is a social media company that is considering expanding into online retailing. The project, which...
Smalltalk is a social media company that is considering expanding into online retailing. The project, which is estimated to last 4 years, requires an initial investment of £20m in year zero. Sales and operating costs are estimated to be £30m and £20m, respectively, in each of years 1-4. Working capital is expected to be £10m in year 1, doubling to £20m in year 2 and growing to £30m in year 3, before falling back to zero in year 4. Smalltalk...
summaries four social factors that govern people access to internet.
summaries four social factors that govern people access to internet.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT