Pollution is a worldwide problem that affects air, water and soil. Various human activities, mainly since the industrial revolution, have created waste products that have simply been released into the environment without any thought being given to their effects.
The Pros and Cons of Capitalism Even though capitalism is the clear winner when in competition with other types of economies, capitalism has major disadvantages that are often overlooked.
Capitalism is a mode of production based on private ownership of the means of production. Capitalists produce commodities for the exchange market and to stay competitive must extract as much labor from the workers as possible at the lowest possible cost.