Fundamental difference between Hashing and Encryption algorithms

Question

I see a lot of confusion between hashes and encryption algorithms and I would like to hear some more expert advice about:

1. When to use hashes vs encryptions<

Answer 1

My two liners... generally Interviewer wanted the below answer.

Hashing is one way . You can not convert your data/ string from a hash code.

Encryption is 2 way - you can decrypt again the encrypted string if you have the key with you.