The document discusses different design philosophies for steel structures:
1) Allowable Strength Design (ASD) where required strength must be less than or equal to available strength divided by a safety factor.
2) Load and Resistance Factor Design (LRFD) where factored loads must be less than the design strength which is the nominal strength multiplied by a resistance factor.
3) ASD uses safety factors and load combinations while LRFD uses load and resistance factors along with load combinations.
The document provides examples and equations to illustrate the relationships between loads and strengths for different design approaches.