WORLD HISTORY

Detailed explanation-1: -Communism and socialism are political and economic systems that are related but often confused with each other. Both of them reject capitalism in favor of greater equality and granting economic power to the working class.

Detailed explanation-2: -Most modern forms of communism are grounded at least nominally in Marxism, a theory and method conceived by Karl Marx during the 19th century.

Detailed explanation-3: -An early distinction between communism and socialism was that the latter aimed to only socialise production while the former aimed to socialise both production and consumption (in the form of free access to final goods).