Positive effects

 Geothermal energy is where heat from within the Earth is used to generate electricity.
Geothermal energy can be generated in areas where magma lies close to the surface. This is
good for increasing our renewable energy use.
 Ash ejected by the volcano acts as a good fertiliser for soils.
 Volcanoes attract many tourists, who enjoy the dramatic scenery that they produce.

Negative effects
 Volcanoes are dangerous. They can kill people and damage property.
 Economic activity can suffer as it is hard for businesses to operate after an eruption.
 Habitats and landscapes are damaged by lava flows.

https://www.bbc.co.uk/bitesize/guides/z8p9j6f/revision/3
What effects do volcanoes have?

 Volcanoes can change the weather. They can cause rain, thunder and lightning.
Volcanoes can also have long-term effects on the climate, making the world cooler.
 Fast-moving lava can kill people and falling ash can make it hard for them to
breathe. They can also die from famine, fires and earthquakes which can be related
to volcanoes. People can lose their possessions as volcanoes can destroy houses,
roads and fields.
 Lava can kill plants and animals too. The Mount St Helens volcano in 1980 killed an
estimated 24,000 animals including 11,000 hares, 6,000 deer, 300 bobcats, 200
black bears and 15 mountain lions.

http://news.bbc.co.uk/cbbcnews/hi/find_out/guides/tech/volcanoes/newsid_1768000/1768622.stm
 Why do people live by volcanoes?
People choose to live in volcanic areas despite the risks of an eruption. Volcanoes can provide
people with many benefits such as:

 volcanic rock and ash provide fertile land which results in a higher crop yield for farmers
 tourists are attracted to the volcano, which increases money to the local economy
 geothermal energy can be harnessed, which provides cheaper electricity for locals
 minerals are contained in lava, eg diamonds - these can be mined to make money