REST APIs with Flask and Python - @classmethod and @staticmethod

The video tutorial explains the differences between instance, class, and static methods in Python. It begins with an overview of each method type, followed by detailed explanations and examples. Instance methods require an object instance, class methods use the class itself, and static methods are independent of class or instance. The tutorial also demonstrates using class methods as factories to create objects with specific attributes, emphasizing the flexibility and organization benefits of each method type.

What is the significance of the 'CLS' parameter in class methods?

How does Python handle the parameters for class methods when called?

In what scenarios would you prefer to use static methods?

What are some common use cases for instance methods?