"Visual Basic" is a programming language in which you can write
applications (including web ones) that are /just/ as advanced as
Word (and, in some cases, more so!).
"Visual Studio" is a Development Environment within which you
can use *many* programming languages (and other tools) to do the
same thing. Visual Basic is one the languages that you can use (C#
being the other main protagonist).
You *can* write VB.Net programs using Notepad (*free*) and
compile them using the vbc compiler (also *free*) but if you want
to do the job "properly", you really do need the 'Studio environment
to get the best out of any of the 'Studio languages.
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