What are the meanings of the terms secularism, socialism, federalism, communism, and capitalism? And what is the difference between them ??
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Secularism : The state's (loosely referred as "country") neutrality in regards to religion that is neither supporting nor prohibiting any religion or religious aspect.
Socialism : A society where the benefit of people(society) is the motto, hence the means of production are owned by government (so that individuals or private firms don't use them for their profits and ignore welfare of people).
Capitalism :Opposite of socialism, where private players owns most of the resources and means of production (here the general welfare of society might be at stake).
Federalism :A government structure (political) where power is distributed between centre and constituting bodies . The best example being USA.
Communism: Along the lines of socialism (rather revolutionary socialism as put forward by Karl Marx), a system where means of production are publicly owned and not by private players. In practice, a single authoritarian party controls the political and economic systems. Example : China, Korea etc
Socialism : A society where the benefit of people(society) is the motto, hence the means of production are owned by government (so that individuals or private firms don't use them for their profits and ignore welfare of people).
Capitalism :Opposite of socialism, where private players owns most of the resources and means of production (here the general welfare of society might be at stake).
Federalism :A government structure (political) where power is distributed between centre and constituting bodies . The best example being USA.
Communism: Along the lines of socialism (rather revolutionary socialism as put forward by Karl Marx), a system where means of production are publicly owned and not by private players. In practice, a single authoritarian party controls the political and economic systems. Example : China, Korea etc
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Secularism = It is a belief that rejects religion.
Socialism =Policy and practice based on the political and economic theory of socialism.
Federalism=The federal principle and system of government .
Communism=A system of social organization in which all property is owned by community.
hope it helps :):)ʕ•ٹ•ʔ
Socialism =Policy and practice based on the political and economic theory of socialism.
Federalism=The federal principle and system of government .
Communism=A system of social organization in which all property is owned by community.
hope it helps :):)ʕ•ٹ•ʔ
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