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.
Definition of Capitalism. There are many different types of economic systems that regulate how people operate and profit from business, including capitalism, communism, and socialism. This lesson focuses on capitalism.Capitalism is an economic system in which the means of production of goods or services are privately owned and operated for a profit. In capitalism, individuals are given the freedom to operate their business as they want and manage their own income.efinition of Capitalism. There are many different types of economic systems that regulate how people operate and profit from business, including capitalism, communism, and socialism. This lesson focuses on capitalism.