Final answer:
Text boxes or shape tools in document and graphic design software allow you to add, format, and group text with other objects, and are utilized for creating visually organized and engaging designs.
Step-by-step explanation:
The type of shape that allows you to add text that can be moved around, formatted with styles and effects, or grouped with other objects is known as text boxes or shape tools in graphic design and document creation software. These tools are versatile and give users the ability to easily manipulate and format text for clear communication and attractive presentation. For instance, in software like Microsoft PowerPoint or Adobe Photoshop, text boxes provide a way to insert text that can then be resized, moved, and styled with various fonts, colors, and effects to complement the document's design and layout.
Including text inside shapes also helps in creating visually organized and engaging layouts. Geometric and organic shapes can be filled with text and combined with other graphic elements to create a cohesive design. These designs often take advantage of intentional space, such as negative space, to create a visually appealing and readable format that conforms to good design principles.