Economic System Debates

History has proved that one of the main reasons for conflicts around the world have taken place because of economic inequality and injustice. Especially, after the industrial revolution, the issue has gained more importance because it is a historical fact that the revolution has only changed the form of slavery and created a huge economic differences or wealth gap between poor and rich people. The revolution created large-scale effects not only in the West but also in the East. With the mechanization and commercialization, goods were produced faster and in…

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