Final answer:
Networked communications have enabled economic participation through mobile banking and market access for small traders in developing countries. They have also facilitated social and political changes by allowing information and ideas to be shared quickly and widely, which has impacts on governance and societal structures.
Step-by-step explanation:
Networked communications have significantly transformed society in developing countries. One of the ways is by providing access to mobile banking and market information for small farmers and traders, empowering them to make better business decisions and participate in the economy more effectively. Smartphones, for instance, allow for immediate and secure transactions as well as the ability to perform tasks such as checking market prices or finding buyers for their products without the need for traditional banking infrastructure.
Another transformation brought by networked communications is the facilitation of information distribution and social organization, as was evident in the Arab Spring and the Egyptian Revolution of 2011. Mobile phones and the internet have made it increasingly difficult for regimes to control the flow of information and censor media, contributing to significant social and political changes. These changes have been driven by the ability to rapidly share news, ideas, and coordinate actions through platforms that surpass traditional barriers.