If you ever played D2/LoD/PoE etc... you wouldn't need to ask a dumb question. You would already know.
Difference with Ladder Slasher reset, you can use pre-acquired gear from earlier runs.
I’ve played HC in all of those games and loved it, so no, this isn’t a dumb question.
It could easily be that HC thrived because of constant resets and a healthier economy, which is exactly why I asked.
Maybe next time skip the douche act and just be helpful.