Good effects: 

it helps us aid through our needs like our assignments like what you are doing now.
with the modern technology, it;'s possible to try and explore the inter world that could help us in our needs.

Bad effects:

some internet and technology users, use the technology in a bad way like they all use the computer to play games that distracts them to their study which is a bad habit and in social networks, it can do harm to us and we can be cyber-bullied online.
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