Product factor is an expression in where you multiply the same value digit many times.
Exponent is the expression in where you convert product factor expression into a shorter expression
For example of product factor:
=> 9 x 9 x 9 x 9 x 9 x 9 x 9 x 9 x 9
As you can see, 9 is multiplied many times, that makes it longer.
Now, let’s make this product factor shorter using exponent.
=> since 9 is multiplied 9 times the exponent expression is:
=> 9 9 in where 9 is the base and the other 9 is called exponent.