What are two major differences between Socialism Vs Capitalism? Is one of them better than the other?

Capitalism is based on individual initiative and favors market mechanisms over government intervention, while socialism is based on government planning and limitations on private control of resources.

Both of them can be damaging and beneficial (if they are not used radically) but knowing if one is better than the other is based on opinions.

Me personally, I like socialism better because It’s closer to my beliefs, however if someone were to have a different opinion it’s respectable.

Very useful. it is to learn because history repeats itself so learning about it those mistakes not happen again.