What is the difference between socialism and communism??
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Answered by
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Socialism is an economic system while communism is both an economic and political system. ... Socialists can own personal properties while communists can not. 5. Socialism allows capitalism to exist in its midst while communism seeks to get rid of capitalism.
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Heya mate! ▪️◾◼️
Socialism is a political and economic theory of social organization that advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a whole.
Communism is a political theory derived from Karl Marx, advocating class war and leading to a society in which all property is publicly owned and each person works and is paid according to their abilities and needs.
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