Society and Telecommunication
Telecommunication has a significant social, cultural and economic impact on modern society. In 2008, estimates placed the telecommunication industry's revenue at $4.7 trillion or just under 3 percent of the gross world product (official exchange rate). Several following sections discuss the impact of telecommunication on society.
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“I am convinced that our American society will become more and more vulgarized and that it will be fragmentized into contending economic, racial and religious pressure groups lacking in unity and common will, unless we can arrest the disintegration of the family and of community solidarity.”
—Agnes E. Meyer (1887–1970)
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