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.
Transcript of Pros and Cons of Government Regulation on the Economy. Pros and Cons of Government Regulation on the Economy. Types of Government Regulation. Social: refers to the broad category of rules governing how any business or individual carries out its activities, with a view to correcting one or more market failures.â. Economic: refers to rules that limit who can enter a business (entry controls) and what prices they may charge..