What is the purpose of Google Tags?

If I have Google & Youtube app connected to Shopify do I need setup Google Tags too? What are the benefits to setting up a tag? What are the best/most essential tags to have setup?

You don’t need to set up Google Tags separately, as it is already included in the google and youtube app.

The app will setup all your Google Ads conversion actions, you can check here: https://ads.google.com/aw/conversions