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AZ - Availability Zone

How to choose an AWS Region?

Compliance with data governance and legal requirements: data never leaves a region without your explicit permission
Proximity to customers: reduced latency
Available services within a Region: new services and new features aren’t available in every Region
Pricing: pricing varies region to region and is transparent in the service pricing page

AWS Availability Zones

Each region has many availability zones (usually 3, min 2, max 6)
Global Services:
Identity and Access Management (IAM)
Route 53 (DNS service)
CloudFront (Content Delivery Network)
WAF (Web Application Firewall)
Region-scoped Services:
Amazon EC2 (Infrastructure as a Service)
Elastic Beanstalk (Platform as a Service)
Lambda (Function as a Service)
Rekognition (Software as a Service)