The answer is: They are both ran by the people but in socialism it is oversaw by the government.
( This is how their different and the characteristics they share).
This is true.
For example, this is the case with hate speech laws. Since it is not precisely defined or understood what hate speech actually constitutes, many and no things at the same time can be considered to be hate speech, so it can be used politically to reduce the freedom of expression and the rights given to people by the first amendment.
Answer: They served as a crude welfare system
Explanation:
I believe the answer you are looking for is Merchantilism. Let me know if I helped any.