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In this tutorial, MD Tech explains how to undo and redo actions in Microsoft Word. To undo an action, users can press Control + Z or click the back arrow in the toolbar under the Home tab. For redoing an action, the Control + Y shortcut or the right arrow icon can be used. The process is straightforward and aims to help users efficiently manage their typing actions in Word. The tutorial concludes with a note of appreciation and an invitation for viewers to join future tutorials.