What is the concept of possibility in relation to ontology?

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What is the concept of possibility in relation to ontology?

In ontology, the concept of possibility refers to the idea that there are various potential states or ways in which things could exist or be. It explores the notion that there are multiple possible ways in which the world or reality could be structured or organized. This concept allows for the exploration of different hypothetical scenarios and potentialities, helping to understand the nature of existence and the limits of what is possible within a given ontological framework.