NAT is Network Address Translation. This is a protocol that provides a way for multiple computers on a common network to share single connection to the Internet.
Firewalls serve to protect an internal network from external attacks. These external threats can be hackers who want to steal data or computer viruses that can wipe out data in an instant. It also prevents other users from external networks from gaining access to the private network.
A hub acts as a multiport repeater. However, as more and more devices connect to it, it would not be able to efficiently manage the volume of traffic that passes through it. A switch provides a better alternative that can improve the performance especially when high traffic volume is expected across all ports.