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Republic Vs Federal Government

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What is the difference between socialism and communism? What is the difference between a republic and federal government? Explain the major classification of democracy and how they differentiate from each other.

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This posting focusses on the difference between socialism and communism. It also discusses the major classification of democracy.

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There are difference between socialism and communism. Socialism typically grows from capitalism. On the other hand communism is a more extreme form of socialism. The Socialists, believe that it is possible to make a transition from capitalism to socialism without a change in the state, the Communists feel that the working class should make a change in the character of the state as quickly as possible. In a way socialism is a transition stage from capitalism to communism. The ...

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Hatim Baxamusa, MBA
Education
  • BSc , University of Calcutta
  • MBA, Eastern Institute for Integrated Learning in Management
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