The Role of Media Literacy in Shaping Public Opinion and Promoting Critical Thinking Regarding Economic Issues

Abstract

This study looks at how well people understand economic news on social media and form opinions about economic issues based on their media literacy. The research explores if media literacy helps social media users make better business decisions and prevents the spread of fake economic information. The study involves mostly young female participants. Results show that many trust social media for economic information, engage in economic discussions, and actively seek such information daily. Confidence in analyzing economic news varies. People see media literacy as crucial for understanding complex economic concepts. Future research could focus on how well media literacy programs work and how new technologies influence economic discussions on social media.