What does a planned commodity economy mean? What does it do? Explain in layman's terms

The explanation and role of a planned commodity economy are as follows:

I. A planned economy, or planned economic system, also known as a command economy, is an economic system in which the country's production, allocation of resources, and consumption of products are planned in advance by the government or a consortium. Since almost all planned economies rely on government directive planning, they are also called "command economies". The tangible hand of the government intervenes in the invisible market. But if it is managed well, it constitutes a good cycle. If it is not well managed, it will seriously hinder economic development.

The role of planning is mainly to solve the blind expansion of reproduction, resulting in overcapacity and waste. As criticized in the past, "why fresh milk should be dumped", is the lack of milk plan to control or guide the production of too much, resulting in the occurrence of serious waste problems. The plan, that is to say, according to the market demand for how much, to produce how much, to maintain a balance between supply and demand.

Economic development process combing

Small Farmer Economy:

It is a kind of family-based, male farming and weaving, self-sufficient agricultural production and management mode.

Natural Economy:

Generally self-sufficient economies are called natural economies. That is, the products produced are primarily for the satisfaction of one's own or family's needs, rather than the need to sell for profit.

Smallholder economy usually refers to a mode of production and operation, while natural economy usually refers to a macroeconomic form, often compatible with feudal society.

Commodity Economy:

First of all, a question is raised, did feudal society have a commodity economy? What about slave societies?

Both feudal and slave societies had commodity economy, in fact, the economic form of production for the purpose of selling commodities is commodity economy, industry, commerce and handicrafts all belong to the commodity economy, so both feudal and slave societies had commodity economy, only that the commodity economy was suppressed at that time, and it did not take the main part in the national economy.

If the commodity economy is the mainstay of the national economy, and a large socialized division of labor is formed, then the whole social form will become a capitalist society.

Market Economy:

Market economy is a form of commodity economy and a product of the development of commodity economy to a certain stage. Market economy, that is, the form of economy in which the market plays a decisive role in the allocation of resources.