Difference between Archived and Closed

I hope this question is not as stupid as I fear it may be, but I found no post here about the difference between “Archived” and “Closed”.

From what I can see, both moderation options add a lock to the title, and makes it impossible to reply to a topic.

What is the difference, both technically and in terms of perception by the user?

In Archived, you can’t like, edit, or otherwise interact with the posts. In Closed, you can.

Both stop additional responses.


Note on categorization: in the FAQ category, the first post should both ask and answer the question (or the first few posts, all by the same author). Someone can create a new FAQ topic with the information from @cpradio if you want.