Answer:
1. Word Processor :
Word Processor processes the words with pages and paragraphs. It is a processor that provides the basic editing, input, formatting, and output of the text with some additional features. It is a fully functioned desktop publishing program that produces error-free documents
2. Text Editor :
It is a type of computer program which helps in editing plain text. The best example of this is Notepad. Text editor helps in or provides the ability to add, remove, and change the characters or words from the given file or document. It is a type of tool for working with plain text.
Whenever you are working on a document or any of the text and if you wish to do some kind of quick typing and quick changes so for this the text editors are the best. But if you want to do some detailed formatting or editing of your document then a word processor is best for that.