This document discusses different types of addressing modes used in instruction set architectures, including immediate addressing where the operand is present in the instruction, register or direct addressing where the address field directly contains the operand's address, indirect addressing where the address field refers to a word containing the operand's address, and displacement addressing which combines direct and indirect addressing by using a base register value and displacement value to calculate the operand's address. Displacement addressing provides more flexibility than direct addressing alone by allowing access to a larger address space.