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.
Thus it is clear that profit motive has its pros and cons. In order to avoid the cons, economies impose government restrictions so that profit is made, but welfare of the people is also maintained. This is also one of the reasons why mixed economies were established. Now there is no pure market economy. ...read more.