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In this tutorial, the speaker explains how to use two features in Microsoft Word: Track Changes and Comments. These tools allow for electronic proofreading similar to using a red pen on printed documents. To activate Track Changes, navigate to the Review tab and select the command; this will mark any edits made to the document, such as crossing out deleted text and underlining newly added text. This markup helps the document's owner see proposed changes before finalizing the draft. Additionally, users can add comments by selecting text and clicking the New Comment command, facilitating direct feedback on specific sections.