Social Sciences, asked by botanyliker, 1 year ago

diierenciate between socialism. and federialism​

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Answered by raghavkumar2004
1

Federalism vs socialism

Socialism is very similar, but not really comparable. Socialism is a term describing trade based not on consent, but on force- without defining the means of force. Thus, socialism is an ideal of economic policy, but NOT a form of government. Socialism can be applied to communism, fascism, or feudalism.


botanyliker: thanks
Answered by N3KKI
1

Federalismis a system where there are multiple governments that make an agreement to have one broader government oversee them...

Socialism: Its when the government runs all of the services and “equalizes” the resources between all individuals. However if new wealth is not being created the money will run out. .

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