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In this tutorial, MD Tech explains how to undo or redo actions in Microsoft Word. To undo an action, you can use the keyboard shortcut Control + Z or click the back arrow in the toolbar, which is located under the Home tab. For redoing an action, use the Control + Y shortcut or click the right arrow icon. This straightforward process allows users to easily manage their typing actions in Word. The tutorial aims to provide helpful guidance for users and invites viewers to join future tutorials.