socialism vs managed economy

socialism and managed economy both are nouns.

Word	Noun	Adjective	Verb	Adverb
socialism	Yes	No	No	No
managed economy	Yes	No	No	No

As nouns, managed economy is a hypernym of socialism; that is, managed economy is a word with a broader meaning than socialism:

socialism: an economic system based on state ownership of capital
managed economy: a non-market economy in which government intervention is important in allocating goods and resources and determining prices

socialism (noun)	managed economy (noun)
a political theory advocating state ownership of industry	a non-market economy in which government intervention is important in allocating goods and resources and determining prices
an economic system based on state ownership of capital