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Basicly, A localhost usually means something that runs on your own computer. A webhost is the same process but it runs on another machine somewhere on the web. Actually you can use your own computer(localhost) as a web hosting with some dynamic domain name parse tools
It all depends on the host provider that you currently have. Typically each one has their own set of guidelines. You will have to speak with your host to determine what your options are.
You can host a legal website on any ISP If you are using your own server, sometimes if you rent your apt or house running a business is not allowed. If your using a web host then none of that matters
Web hosting is a service on the internet which allows you to make your own website public to the world. An example of someone who would use a web host would be a person who just started their own business. Web hosts are needed for getting known to the public.
Web resellers buy web domains from third parties at wholesale prices and host them on their own bandwidth. The resellers then attempt to sell their purchased domains to other users.
Parasites negatively affect, or antagonize, a host. At the host's expense, a parasite benefits from this negative relationship. For example, a small spider species that cannot spin its own webs, called Argyrodes, parasitize (or antagonize) Orb Weaver webs, "stealing" prey caught in the host Orb Weaver's web, contributing to destruction of the web at a faster rate, and leading to the Orb Weaver building a new web more often and feeding less per web than it would if the Orb Weaver alone was using and living in her own web.
Facebook doesn't use a web hosting service. The company hosts its own website on its own servers. Amazon is another business that hosts its own website.
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a host could simply be a human, which the parasite going in the host
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To create a web page is not difficult. First, one needs to get a domain name. Second, choose a web host and create an account. And third, design the webpage.
A web designer should know enough about his craft and the technical details underpinning it to be able to host their own web site. They should need complete control over the details, and so should look at a VPS from one of the many hosting companies.