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Angular and React are two of the most popular JavaScript libraries used for building web applications. Angular is an all-encompassing framework while React is a library. Both Angular and React offer distinct advantages and disadvantages that developers must be aware of when choosing a technology for a project. Angular is a powerful and mature product that offers advanced features such as data-binding, routing, dependency injection and templating. It allows developers to create complex apps quickly, using less code. On the other hand, React is designed to work with the virtual DOM, making it easy to create powerful and performant user interfaces. React also offers a component-based architecture where components can be reused across multiple projects. In terms of performance, React can run on the server as well as on the client. This is one area where it has an advantage over Angular, which only runs on the client. In terms of development cost, React is usually more expensive as it requires additional development effort to use components. Angular offers more functionality out-of-the-box and is generally cheaper to maintain. The two technologies also differ in terms of scalability. Angular's modular architecture makes it easier to scale than React. Finally, Angular is more suited for large projects, while React is better for small to medium-sized projects. When it comes to choosing between Angular vs React, developers must consider the nature of the project and the technology they are most comfortable working with.

In conclusion, both Angular and React have their advantages and disadvantages, and the one that works best for you will depend on the specific requirements of your project. However, considering the features, performance, scalability, and cost, React may be the better choice for smaller projects, while Angular is more suited for larger projects.