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.
All types of capitalism imply that the economy is âmarket-basedâ However, within the broad term of capitalism, there are different varieties which can have profoundly different outcomes. For example, unregulated capitalism â sometimes termed âturbo capitalismâ will see greater problems associated with inequality, under-provision of public services and greater inequality.