Internet addiction as a social issue is updated by digital transformation of society in the context of the financial and economic crisis. The research purpose is to study Internet addiction and its social impact on the value system of modern youth. In particular in terms of the financial and economic crisis. This research is necessary to understand different kinds of addictions of modern youth and the social impact of this phenomenon, as well as the methods to cope them. Young people aged 16-20 from the entities of the North Caucasian Federal District took part in the testing: 59 people from the Kabardino-Balkarian Republic, 40 people from the Karachi-Cherkess Republic and 51 people living in the Caucasian Mineral Waters region (150 people in total). The correct approach to the socialization of young people is in the creation of conditions for them to put into practice their interests and hobbies. This approach brings a rather complex result, in practice it expresses how individuals react to stress and interact with each other. Both the content and form of youth leisure play important role and should meet the needs and interests of youngsters, taking into account the cultural traditions of the region. The proposed exercises and recreational events must be different, entertaining and unobtrusive in nature, only then they will be recognized by younger generation.
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