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This video tutorial demonstrates the basics of using text in Photoshop. The different types of text tools available in Photoshop include horizontal type tool, vertical type tool, horizontal type mask tool, and vertical type mask tool. The most commonly used tool is the horizontal type tool. To create a text layer, simply click on the canvas. To modify the text, double click on the text layer and use the options bar to change font styles, effects, and size. The tutorial also shows how to adjust font size by clicking and dragging on the size icon.