This research paper is intended to understand the effects that Facebook, the social networking site has upon us, whether it influences our lives in a good or in a bad way. In order to understand the Facebook Effect we are trying to see how it impacts our lives at economic level,social level, political level, terminology level , psychological level and cultural level . Starting from the question : What does Facebook want? we found several answers consisting in pros and cons of this phenomenon , which should help us decide our position regarding Facebook importance in our lives and finally to decide whether or not we want/ need it.
free text keywords: Facebook, social network, effec, jel:L82, jel:L86