Why Are Some Social Media Sites Free to Use?

If companies always try to maximize profits, why are so many social media sites free to use? Learn how these platforms operate, as well as what positive and negative “network effects” are at play, in this May 2023 issue of Page One Economics.

Teachers: Visit the Reading Q&As in our Econ Lowdown Teacher Portal to find the high school/college and middle school teacher editions (including an answer key) for this issue; to assign an online version of the student materials; and to collect student scores on the questions.

See the Page One Economics archive for more topics »

Keep your students in the know on timely economic issues with Page One Economics. Page One Economics provides a simple, short overview of a current economic event that offers students an opportunity to use close reading strategies. The Teacher’s Guide includes student questions and a teacher answer key, plus additional resources and lesson ideas for classroom, extra credit, or make-up assignments. You can subscribe via RSS feed or email.

---

If you have difficulty accessing this content due to a disability, please contact us at 314-444-8624 or economiceducation@stls.frb.org.

Find More Economics and Personal Finance Resources

Education Level: 9-12 College Non-educators
Subjects: AP Economics Economics
Concepts: Markets Market Structure
Resource Types: Publication
Languages: English
Back to Top