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The word 'it' is a singular personal pronoun, but 'it' is not a possessive form.

The possessive form for the pronoun it is its.

Possessive pronouns and possessive adjectives do not use an apostrophe to show possession. Examples:

The horse threw its rider.

The dog is bothering you because its bowl is empty.

The form using an apostrophe, it's, is a contraction, a shortened for for it is. Example:

What time is it? It's four o'clock. (It is four o'clock)

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12y ago

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