Conservation of linear momentum is linked to translational symmetry, while conservation of angular momentum relates to rotational symmetry. The discussion emphasizes that these symmetries imply corresponding conserved quantities in physical theories, as articulated by Noether's theorem. It is noted that angular momentum can be altered by external torque, unlike linear momentum, which remains conserved unless acted upon by an external force. The conversation also explores the mathematical foundations of these principles, highlighting the importance of symmetry in formulating physical theories. Understanding these concepts is crucial for grasping the dynamics of motion in various systems.