The Psychological and Economic Impact of Social Media on Teenagers

This paper explores the psychological and economic effects of social media on teenagers. Socialmedia platforms significantly influence mental health, self-esteem, and cognitive developmentwhile also shaping consumer behavior, spending habits, and online entrepreneurship. Usingrecent studies and statistical analyses, this research delves into both the positive and negativeconsequences of excessive social media use. The paper also suggests strategies for mitigatingharmful effects and maximizing benefits for teenagers