float:
left: the right text flow object
right: left text flow object
div having a wrap effect
position:
absolute: an object is dragged from the document stream, i.e. blown layer, the top laminate is formed, does not account for the location; may be left, top, right, bottom positioning
relative: the object is dragged from the document does not flow, i.e., does not form a laminated, still in the normal flow of the document; may be left, top, right, bottom positioning