This report provides a comprehensive overview of volcanoes as a geological process, detailing how they work, their causes and effects, and the long-term impacts on the Earth. It explores the problems volcanoes pose to humans, including destruction of property, human casualties, and environmental pollution. The report also examines the economic impacts of volcanic eruptions, both negative, such as infrastructure damage and crop failure, and positive, such as increased soil fertility in some cases. Furthermore, it discusses mitigation efforts, such as emergency evacuation plans and area restructuring to minimize damage and protect human lives. Real-life examples, such as Mount Etna and Mount Pinatubo, are used to illustrate the concepts and impacts discussed, supported by references to relevant scientific literature.