Difference between Google Adwords and Google Adsense ?

For Advertisers: Google AdWords

• Advertise to people searching on Google and our advertising network
• Reach people actively looking for information about your products and services online
• Easily control costs - pay only when people click on your ad

For Site Owners: Google AdSense

• Maximize your site’s revenue potential with contextually targeted ads
• Customize ads to complement the look and feel of your site
• Track the success of different formats and locations with online reports

So basically, AdWords is an advertising program to create more exposure for your site. AdSense is a monetization technique that you can use to help your site generate some extra money. In the end they both should help with an income, but don’t have to pay anything to place AdSense ads on your site.

Emma12 has replied to your question but want to detail information about Adsense and Adwords then visit the following links:

http://en.wikipedia.org/wiki/AdSense
http://en.wikipedia.org/wiki/AdWords

Simply speaking, Google Adwords for spending money while Google Adsense for earning money. Google Adwords would be helpful for instant traffic before our SEO jobs come into effect while Google Adsense would bring you money after you a lot of visitors to your sites.

Thank you all for nice post,

Google Adwords have the features such as

Easy and fast creation
Almost immediate implementation
Pay only for clicks
Bid for placement
Set maximum cost per day
Stop or pause campaign at any time

whereas Google Adsense will help in the following ways

You must have a web host that will allow you to publish your site to the Internet
Sure to choose a topic that you know a lot about so you can write lots and lots of content.
Get traffic. Once your site is up and running you'll need to learn how to get your site listed in the major search engines.

Partner up with other related sites and participate in link swaps. This means that you place a link to another person's site on your own site and they do the same for you in return. This is a great way to get even more free traffic.

Well, actually Googel adword is an advertising program that you can raun at your website while Google ad Sense is the king of PPC and the purpose of these both (ad Word & Ad Sense) is the same i.e. to make money on the internet...

Google adword is the paid service provided by google to advertise your website to get instant traffic. While in google adsense you can earn money by putting advertise on your webpage.

Adwords is completely different from Adsense. Google Adwords is a tool through which we get the most searchable and relevant keyword related to the site whereas Adsense is the source for generating fastest and easiest money through your website.

Google adwords is an advertising program, is used to create ads while adsense is an ads publishing program, is used to post the ads created in adwords to websites.