What are the "market economy" and "planned economy" mentioned in history books?

Market economy is a market-oriented economic type. Generally speaking, there is freedom of buying and selling. The government does not demand too much, and gives full play to the regulatory role of market hidden rules. For example, if a commodity has a high profit, everyone is willing to sell it, and it is more free to sell it. Planned economy is a kind of non-free economy implemented by the government in order to control the economy. What can be sold, what can't be sold, where to sell, what the price is, what the annual output is, and so on. It is strictly planned, so it is called planned economy. Our society is a commodity economy society. 1992, China established a socialist market economy, which is regarded as a commodity economy society. Generally speaking, resource allocation is to allocate things. For example, the country has 1 10,000 tons of steel, 30,000 tons for manufacturing automobiles, 30,000 tons for export and 40,000 tons for standby. Of course, there are also human resources, such as collective migration and western development, which belong to resource allocation. Well, I hope you understand. Goodbye.