In terms of production what best describes the difference between capitalism an socialism

What is the purpose of a firm? the answer is to produce goods and services

President wilson’s moral diplomacy led him to support 1. revolutions in russia. 2. increased trade with china. 3. independence for the philippines. 4. taking over cuba.

“well,” he says, “there’s excuse for picks and letting-on, in a case like this; if it warn’t so, i wouldn’t approve of it, nor i wouldn’t stand by and see the rules broke—because right is right, and wrong is wrong, and a body ain’t got no business doing wrong when he ain’t ignorant and knows better. it might answer for you to dig jim out with a pick, without any letting-on, because you don’t know no better; but it wouldn’t for me, because i do know better.” the meaning in this excerpt is