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.
In its puritanical form, the term Capitalism can be used to describe the principle of private ownership of the means of production in an economy and the principle of ownership of the resultant profits from the 'capitalisation' of that production.