In about 150 words, discuss how the economic freedoms of capitalism lead to improved societal conditions when compared with conditions of socialistic countries.

In a capitalist system, consumers make their own choice. This free choice leads to competition and innovation as firms struggle to make better products. Also, demand for goods creates an incentive for firms to become more productive and efficient. This benefits the consumers unlike in a socialist system where there is less incentive for entrepreneurship due to less rewards for innovation.

he risk-return relationship. generally, the higher the potential return of an investment, the higher the risk. there is no guarantee that you will actually get a higher return by accepting more risk. diversification enables you to reduce the risk of your portfolio without sacrificing potential returns.

explanation:

that would be the steamboat because none of the other things are forms of transportation