Progress is made by trial and failure; the failures are generally a hundred times more numerous than the successes ; yet they are usually left unchronicled. WILLIAM RAMSAY

What do you think Ramsey meant by this?

It takes 5 failures for every success

Explanation:

everyone shoots for success. Many times me will make many failures before we make even one success. But we don’t dwel on those failures or celibrate them, we focus on the success. An example: when you first try to make money you will fail at first. Unsuccessful business of taking online quizes. But what we focus on is celibateing the sucses that came because of our faliure like babysitting.

protectionism fosters competition and keeps price regulated is not an argument in favor of protectionism.