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Node.js employs a single-threaded approach to handle connection requests, enabling it to efficiently support a multitude of concurrent connections. This capability is particularly crucial for network applications that require high throughput and scalability. Node.js allows developers to create reusable modules, which are pieces of code that can be shared and utilized across various applications. Its architecture supports event-driven programming on web servers, enabling developers to design scalable servers without the need for threading. This architecture enhances the efficiency of data-intensive real-time applications by utilizing an event-driven, non-blocking I/O model.

Furthermore, Node.js provides a package manager that simplifies the publication, sharing, installation, updating, and removal of Node.js libraries, making it easier for programmers to collaborate and share code. The platform offers a comprehensive library of JavaScript modules, streamlining the development of web applications. By utilizing JavaScript on both the server-side and client-side, Node.js reduces infrastructure requirements and response times.