Answer:
i don't and evidently i never heard of it
What is it? what does it do? What is it for?
Although there are various options, here is what I would write if I were in your position:
Learning tends to have a positive effect on a person's life in that (1) by learning, one gains a sharper sense of what one does not know and is so able to ask more pertinent questions and (2) by learning one gains insight into diverse perspectives, and thus the ability to reframe problems and possibly gain fresh insight into these problems.
Answer:
We could change the language and adapt it to reflect the contemporary English we use nowadays. That would make the play more understandable, especially for the young people and wake up their interest for the theatre.
We could change the setting, that is, time and place of some plays and adapt it to contemporary surroundings, without changing the topic of the plays, as Shakespearean problems and inner struggles are still present in the 21st century, only in different ways.
For example, we could change characters' professions or some circumstances without changing the plot of the story. Or, perhaps, try to represent some contemporary family issues, by readapting Hamlet into a boy who is fighting against his stepfather.