Dual Federalism
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An equal division of power must be as to entirely different areas of sovereignty in order to be valid in a federation. Otherwise it is not characteristic of a federation, which usually consists of a subordinate soveriegn and a supreme sovereign.
A confederation is a species of very decentralized federation, such as in Canada where a province can legally opt out of a constitutional provision through the "notwithstanding clause".
A federation is where a federal government is irrevocably created with specific areas of sovereignty delegated to it by the people and the subnational entities.
Theoretically, a federal government could be created by a unitary state which distributes sovereignty to newly-created subnational divisions. This is how formal federalism would work in the United Kingdom as to England, Wales, Scotland and Northern Ireland.
A federation occurs through the subnational entities getting together and creating a federal government, with defined and usually limited sovereignty, although that limited sovereignty can be supreme.
A confederation is more characterized as resulting from an agreement between States to revocably delegate some sovereignty to the central/national government.
The question doesn't quite work - federalism refers to states having a binding structure of law, and that binding structure needs to predominate any particular state. The trick is to limit that binding structure so that some power is reserved to the individual states, and so in the areas untouched by the federalist bond the state predominates. So in some sense federalism is supposed to be equal in that the states have power in some areas and the federal government in others, but in another sense unequal in any particular area as either one or the other predominates.
New Federalism
The term cooperative federalism refers to a concept which national, state, and local governments interact cooperatively to for the common good of all. Under this concept the entities do not make separate policies that clash with each other.
Federal Presidential Constitutional Republic
Federalism is a political system in which power is divided and shared between a central govenment and local govenments. Today, federal governments are not in the majority. Most nations do not have federal systems of government. The United States started out as a confederate type of government, with the states having most of the power. The Constitutional Convention was called to improve the government under the Articles of Confederation but decided to scrap that system and develop a new Constitution. The result was the federal system. The national government is supreme but the states also have certain powers they share with the national government and powers exclusive to the states. Smaller city/states may have had a form of federalism but the United States was the first major power to develop that political system for itself. It has withstood the test of time.
The main issue of federalism during 1789 to 1865 was whether States would accept the federal government as the ultimate authority. The United States practices dual federalism.