What’s the difference between a Project Manager and a Product Owner?

What would be the answer if someone asks successful Project Managers and Product Owners what are their responsibilities or what is the difference between their duties? Do you know how to respond to that question? If you do, is your explanation comprehensive enough? If not, it would be reasonable to agree with Albert Einstein: "If you can't explain it simply, you don't understand it well enough." Let me take this challenge and try to describe this seemingly complicated topic.

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