

Ans:
DisplayObjectContainer:
The DisplayObjectContainer class is the base class for all objects that can serve as display object containers on the display list. The display list manages all objects displayed in the Flash runtimes. Use the DisplayObjectContainer class to arrange the display objects in the display list. Each DisplayObjectContainer object has its own child list for organizing the z-order of the objects. The z-order is the front-to-back order that determines which object is drawn in front, which is behind, and so on.
DisplayObject:
The DisplayObject class is the base class for all objects that can be placed on the display list. The display list manages all objects displayed in Flash Player or Adobe AIR. Use the DisplayObjectContainer class to arrange the display objects in the display list. DisplayObjectContainer objects can have child display objects, while other display objects, such as Shape and TextField objects, are "leaf" nodes that have only parents and siblings, no children.
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