To expand on his answer The various packages like Professional and Home and Student have to do with which applications are contained in the package. Professional contains more programs than does Home and Student. The Office programs with the same name like Word are identical.
Essentially, Office 2021 and Office LTSC are the same. Office LTSC stands for Office Long Term Servicing Channel. For most Microsoft applications, LTSC means that the product will be supported by Microsoft for longer with, for example, security updates. It's different with Office 2021 where the support is usually provided for a shorter duration.
The difference between them is that office 365 always has a paid annual subscription, and office 2021, lifetime, you pay once and that’s it, try the Hypestkey site, they have cheap prices and they are a microsoft partner. Microsoft 365 personal includes the latest versions of Word, Excel, PowerPoint, Outlook, OneNote, Onedrive and Access.
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Office 2019 IS Office 365 Pro Plus. For a more detailed explanation of this see our: What’s The Difference Between Office 2019 & Office 365 Pro Plus; Office 2019 Standard does not exist. It has been replaced with Office 2019 / 365 Business; Office 2019 is the last version of Microsoft Office you could purchase without a subscription.
MS Office Standard is a basic version of Microsoft Office, while Office Professional has advanced features. Office Professional includes applications like Access, Publisher, and Skype for Business, which are not in Office Standard. While both versions are suitable for personal and business use, Office Professional suits larger organizations
With Office 2021, you can collaborate on the same file in real time and instantly see each other's changes. Very useful if you are working on the same project with your colleague or fellow student. Office 2021 and Windows 11 are visually aligned. Windows 11 and Office 2021 were released around the same time, and for good reason.
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ms office 2019 home and business vs professional plus
