What are the differences between communism monarchy democracy socialism?

Answer 1

Capitalism - is a basic economic system where "the means of production" (that is, things like factories, mines, farms, and machinery used in running those things) can be owned by private individuals. So anyone, or any group of people, can buy a factory, own it, and decide how it runs, how much to pay the workers, and then what to do with the profits. Capitalism, from that basic concept, is then broken down into many sub-branches, like State Capitalism, Market Capitalism, Laissez-Faire Capitalism, Mixed, and so on.

Communism - is a socialist economic system opposing Capitalism. The basic idea of Communism is that the "means of production" (see above) should be owned by the workers who work them, and that the workers should share the benefits and profits. Like Capitalism, Communism is then broken down into numerous other sub-groups, such as Leninism, Maoism, Stalinism, Trotskyism, and so forth.

Fascism - is a political ideology that evolved out of and as a reaction to socialism in the early 1900's. It stresses extreme nationalism, militarism, strong opposition to socialism/communism, authoritarianism (usually led by a single all-powerful dictator), and ethnocentrism. Fascists typically were also hostile towards democracy and some forms of capitalism. Fascism is usually considered "far right", but has occasionally borrowed ideas, policies and even terminology from left-wing ideologies.

Monarchy - is a political system where a single person (a "monarch") rules and embodies a country; rulership of the country is usually passed hereditarily to the next monarch, although there have been many where there was some sort of election. There are different kinds of monarchs (king, emperor, prince, grand duke, shah, sultan, etc), and two main kinds of monarchy- constitutional (where there are laws to limit what the monarch can do), and absolute (where the monarch has total power and can do whatever he wants).