The internet has transformed lives and economies but it is turning the world into a global village. Nowadays the internet plays a large role in our lives.People cant imagine their lives without conection to the internet.At this topic i will explain all the advantages and the disadvantages of the internet and his influence on our lives and economies. As advantages pf the internet,there are a lot of them.Firstly,it is virtual global village where people can share different information and get anything about everything.Secondlly,people can do a lot of options,such as various economies tasks,pay for rent or education or buy a new mobile phone.Thirdly a lot of people work in the internet,without going outside of their houses. However there are some disadvantages.Some people become addicted to the virtual reality,and spend almost all their days by playing computer games or chatting in social websites.As i have already experienced,my roommate plays online video games almost all his free time,he stays at home and doesnt care about lessons in university,and this is horrible. Second the most important problem is kids internet.They can use the internet and find some materials which can influence on their psychic and lives in general. Overall,the internet have turned world into a global village,but it doesnt mean that in the future everyone will think in the same way.In my opinion,a lot of depends on personality and the way in what you are using the internet. As me,i understand all the advantages and the disadvantages of the internet,but nowadays i cant imagine my life without this virtual world.