A "32-Bit Version" refers to a type of computer architecture that uses 32 bits to represent data and memory addresses. This means that the system can handle a maximum of 4 gigabytes of RAM, as 2^32 equals 4,294,967,296. Many older operating systems and applications were designed to run on this architecture, making it common in earlier personal computers. In contrast to 64-Bit Versions, which can manage significantly more memory and perform better with modern applications, 32-bit systems are becoming less common. Users may encounter limitations when trying to run newer software that requires more memory than a 32-bit system can provide.