Answer and Explanation:
As you may already know, an institution is a social organization that seeks to bring together people with the same social, economic and political characteristics and to promote improvements or support to their lives and activities while maintaining a system of rules that govern the behavior of members.
There are many benefits to participating in an institution that go beyond the political and economic assistance provided there. These benefits are related to socialization, as these institutions promote the meeting of people who can make friends with each other and discover beneficial and productive social interactions.
However, there are also harms, mainly related to controlling the behavior of members of the institution. This can lead to the individual's loss of individuality, suppressing what they may have that is innovative and interesting.