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In this tutorial, MD Tech explains how to undo and redo actions in Microsoft Word. To undo an action, you can use the keyboard shortcut Ctrl + Z or click the back arrow in the toolbar. This option is available under the Home tab. To redo an action, use Ctrl + Y or click the right arrow icon next to the undo option. The tutorial highlights the straightforward nature of these commands, aimed at helping users manage their typing effectively.