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Nowadays, due to ease of access and economical internet packages, a lot of people spend most of their time on internet. The social media sites have minimized distances and brought people closer that is having both positive and negative impacts on society and individuals.

Some people believe that internet is playing a very important role in uniting nations and developing respect for each other. Through social media sites, now people can have friends from different countries that are living in different circumstances. It helps them to learn about other cultures and practice foreign languages. People having similar interests can share their view points and learn from each other. Any professional can explore and avail online job opportunities from across the globe. Moreover, people can observe the solutions that other nations used to resolve their issues and practice them for betterment of their own country.

On the other hand, it is commonly believed by many people that internet is making people materialistic and selfish. They prefer to chat and have face to face discussions with their foreign friends or relatives, while ignoring their parents, neighbors and close relatives. This way the relationships are losing their value and respect. The immature young students often waste hours in having useless discussions with other people over the internet. Sometimes they also develop habits or practice traditions that are not acceptable according to their own religion and social values. People are becoming lazy, instead of doing practical work and contributing to society, they just keep on posting irrelevant material on the internet that spoils them and other people as well.

I personally believe that internet is one of the greatest inventions of technology that is helping people to globalize and broaden their vision. They are becoming patient enough to listen differing point of views and develop understanding. When a student goes to abroad for higher education then he can easily connect with his family, friends and relative in the native country. The internet has become a platform for young generation to know about things happening in their country, share their ideas and work together to resolve any issues. However, the excessive use of it should be discouraged.

To conclude, it is certainly true that internet users are increasing day by day. Some people are using it to learn and acquire knowledge while others are wasting their energy in having useless discussions with other people. In my opinion, social media sites itself do not have any side effects but a moderate and wise use of it is required.

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Related Questions

Read the following passage carefully and answer the questions given below.The Italian banking system became the model for those North European nations that would achieve the greatest commercial success in the coming centuries, notably the Dutch, the English, and the Swedes. It was in Amsterdam, London and Stockholm that the next decisive wave of financial or innovation occurred, as the forerunners of modern central banks made their first appearance. The seventeenth century saw the foundation of three distinctly novel institutions that, in their differen in ways, were intended to serve a public as well as a private financial function. The Amsterdam Exchange Bank, i.e. the Wisselbank, was set up in 1609 to resolve the practical problems created for merchants by the circulation of multiple currencies in the United Provinces, where there were no fewer than fourteen different mints and copious quantities of foreign coins. By allowing merchants to set up accounts denominated in a standardized currency, the Exchange Bank pioneered the system of cheques and direct debits or transfers that we take for granted today. This allowed more and more commercial transactions to take place without the need for the sums involved to materialize in actual coins. Financial historians disagree as to how far the growth of banking after the seventeenth century can be credited with the acceleration of economic growth that began in Britain in the late eighteenth 20 5 century and then spread to Western Europe, North America and Australasia. But banks played a more important role in continental European industrialization than they did in England's.a) Where did the precursors of modern central banks make their first appearance? b) What practical problem was the Wisselbank required to resolve in its initial days?c) How did the Amsterdam Exchange Bank respond to the demand of the age? d) What are the points of disagreement among the financial historians with respect to growth of banking vis-a-vis growth of economy? e) Choose a suitable title for above composition.
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