Microsoft 365 :
Office 365 is known as Microsoft 365 and it is known as which is a cloud based subscription services or subscription based suite of productivity office applications like Word, Excel, Powerpoint, Outlook, Onedrive, sharepoint, Microsoft Teams & OneNote.
Microsoft 365 is a subscription service. To take advantage of all of Microsoft's features and upgrades, you must purchase it as a subscription.
Microsoft 365 is available for both home and business user
A comparison chart has been shared below for Microsoft 365 & standalone Office.
A complete comparison can be checked from the following link
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