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Probably because people wanted more flexibility from their printers. Daisy-wheel printers are limited to the character set on the wheel. If you want a different font, you need to physically change the wheel for a different one.

Dot matrix printers cured that by using tiny pins striking through an ink ribbon. However - their downfall was that they could only print in one colour (again unless you changed the ribbon).

Inkjet printers have multi-colour cartridges - enabling them to combine red, yellow, blue and black ink into millions of different colours.

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