The Ribbon contains most of the features you will use when creating a document. The Ribbon is organized into different tabs, each tab contains features relevant to that tabs title as summarized below:-
The Home tab contains all the items you will use the most when creating a document, such as font styles, font sizes, paragraph styles, numbering, bullets as well as basic tools such as cut, copy and paste and find/replace
The Insert tab contains options to insert tables, pictures, drawings as well as page breaks, headers/footers and other elements such as date/time, signatures etc
The Draw tab contains tools which allow you to draw / annotate your documents as well as as changing the background, drawing and aligning objects with a ruler, and ink to shapes or ink to math tools
The Design tab contains options for document formatting, effects, colours, themes and page colors and borders
The Layout tab contains options to alter page size, margins and general layout settings for items on the page
The References tab contains options to insert table of contents, footnotes and citations
The Mailings tab has all the options relating to creating envelopes, labels and performing mail merge
The Review tab contains items to proof (spellcheck etc) your document as well as tracking changes, protecting your document and the ability to start drawing (inking) if using a tablet device
The View tab contains options for changing the current view, zooming in/out and rulers/guidelines etc
The Outlining tab appears when you select Outline on the View tab and gives you access to outline tools