What is the difference between Socialism and Communism? - ProProfs Discuss
Topics
Products
Follow Us:

What is the difference between Socialism and Communism?

Asked by R. Barnes, Last updated: May 20, 2020

+ Answer
Request

1 Answer

T. Moore

Have keen interest in writing, traveller by heart.

T. Moore, Writer, MA, Washington

Answered Jun 27, 2019

Socialism and Communism are different types of economic systems that consider the fact that all resources in a place should be distributed equally among members and also create a central leadership system that will be controlling and monitoring the economy. However, the differences between socialism and Communism depend on the various practices of the two economic systems. Socialism system preaches equality among members of a state, and as a result, there is nothing like top class or low-class people in the country.

Socialism and Communism are different types of economic systems that consider the fact that all
The leadership system instituted to be controlling the economy gives ultimate power to the people in deciding the direction they want the economy to go. Communism, on the other hand, also preached equality among members of a state and perceived all resources to be equally owned by all citizens of a particular country. However, the central leadership system instituted to be controlling the economy does not give the citizens the chance to decide on the economy, and hence, they act on the economy authoritatively.

 

Search for Google images
Select a recommended image
Upload from your computer
Search for Google images
Select a recommended image
Upload from your computer
Search for Google images
Select a recommended image
Upload from your computer

Email Sent
We have sent an email to your address "" with instructions to reset your password.