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This video tutorial covers creating and editing text objects in Photoshop, including the differences between headers and paragraphs, formatting options, paragraph styles, and font types. The text tool can be found on the left toolbar, below the pen tool and above the selection tool, with the shortcut being the letter "t". Holding down the text tool icon reveals options for creating horizontal and vertical type. Welcome back to the design class, let's get started with the text tool in Adobe Photoshop.