Literature is important in everyday life because it connects individuals with larger truths and ideas in a society. It allows people to record their thoughts and experiences in a way that is accessible to others through fictional accounts. Literature affects people by teaching them, entertaining them, and inspiring them to take action. It also helps people understand different perspectives and walks of life. Reading literature has many benefits, including pleasure, building experience by exposing readers to different cultures and time periods, increasing empathy, and developing critical thinking skills.