Difference Between Intelligence and Wisdom

There are many words that can be used to refer to the strength of the human mind. Among these words are intelligence and wisdom. Their usage, however, is quite different. Here’s why the terms intelligence and wisdom are unlike each other. Intelligence is defined as the ability to acquire, retain, and apply information. The term … Read more Difference Between Intelligence and Wisdom

Difference Between Equality and Equity

The terms equality and equity are often confused for the other due to the similarity in sound and usage. In societal systems however, the two are significantly different. Equality and equity are both words that are used to refer to the treatment of a group and are often associated with terms like justice and fairness. … Read more Difference Between Equality and Equity

Difference Between Ethics and Morals

Right and wrong conduct comes to mind when one hears of ethics and morals, but whilst the two terms are occasionally used synonymously, they are quite distinctive. Ethics are rules set by  external sources whilst morals are intrinsic principles of a person concerning right and wrong. Ethics in broader terms is more of a social … Read more Difference Between Ethics and Morals

Difference between Capitalism and Socialism

Socialism and capitalism function as opposites, economically and politically speaking. They both have opposite ideas regarding social equality and how far the government of a country should get involved. Capitalism trusts entirely in the economical influence and power of private companies. Socialism believes inequality between citizens must be ended, and the way to do this … Read more Difference between Capitalism and Socialism

Difference between Communism and Socialism

Communism is the extreme form of socialism. Nowadays there are several countries with dominant socialist parties, however very few of them can be considered communists. Sometimes, both terms can be confused between each other and used indistinctly. This is incorrect. Both philosophies have their very own particular traces. One of the most important difference is … Read more Difference between Communism and Socialism