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.
Despite the criticisms of the corporate capitalist system, a great deal of gains have been realized through this economic structure. When free market controls the production and prices, and the allocation of resources then growth in gross domestic product (GDP) is likely to be realized.