Nowadays, people use more social media, so advertising can have a positive economic effect. In my opinion, I agree with the latter statement.
On the one hand, if the businessman or individual advertises a particular product, it can benefit the sales of that product. For example, if a person wants to launch a new product in the market, they should do the advertising so that people may be able to understand the product and gain awareness of it. As a result, advertising may be done by creating a website and sharing it with people or by displaying the product in a shop. Advertising can be done by discounting the product on a specific day or for one hour every day.
On the other hand, there is a negative effect of advertising on social media because of many scams happening everywhere. For instance, if a person buys a watch online and makes the payment, the website may be a duplicate or a scam, resulting in the person not receiving the product. As a result, people will prefer to go and buy the products physically. Therefore, the above example explains the negative social effect, which is the latter statement.
In conclusion, there is a positive and negative economic effect of advertising. It depends on the individuals. In my opinion, I will suggest going with the latter statement. As the essay discussed both effects.