Explanation: Amazon S3 stores objects according to their storage class. There are three major storage classes: Standard, Reduced Redundancy and Glacier. Standard is for AWS S3 and provides very high durability. However, the costs are a little higher. Reduced redundancy is for less critical files. Glacier is for archival and the files which are accessed infrequently. It is an extremely low-cost storage service that provides secure and durable storage for data archiving and backup.