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How can one host within a VPC any services that need to be public?

One host in a VPC just has resources and access set aside for them in a public cloud, so if they need to have anything public, they can

What are examples of services that would live in the publicly-accessible part of the VPC? The privately-accessible part?

Some services that live in the publicly accessible part of the VPC are Google Cloud services, Azure, AWS, and others while the privately-accessible part only have services that are for the organization that has it

What are the trade-offs of using a VPC vs traditional infrastructure?

Scalability, hybridization, better performance, and better security however, while dealing with cloud services, you have to be wary of who is hosting it as they have all the access they have to any of your data.

Source: What is a Virtual Private Cloud(VPC)

What I would like to know more about

What a cloud actually is, whether they are specialized servers or just a cluster of servers.