Question

differentiates between socialism and communism ?​

Answer 1

Answer:

The main difference is that under communism, most property and economic resources are owned and controlled by the state (rather than individual citizens); under socialism, all citizens share equally in economic resources as allocated by a democratically-elected government.

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Answer 2

Socialism is workers' control over the means of production. That's it. Communism is a stateless, classless, moneyless society with a gift economy and common ownership over the means of production.