What does the correspondence theorem (or 4th isomorphism theorem for rings) for rings mean and how is it used? That is, why do we care about it?
Edit:
My version of the correspondence theorem:
Let $R$ be a ring and $I$ be an ideal in $R$. Let $K$ be the set of ideals in $R$ containing $I$. Let $L$ be the set of ideals in $R/I$. Then there is bijection from $K$ to $L$ given by $\phi(I’)= \{ x+ I : x \in I’ \}$.
One of the most basic applications of this theorem is the result that a quotient ring $R/I$ is a field if and only if $I$ is a maximal ideal. (For me, all rings are commutative with unity.)
Every non-zero ring $R$ has at least two ideals, namely $\{0\}$ and $R$. And $R$ is a field if and only if these are the only two ideals in $R$.
If $I\subseteq R$ is a proper ideal, then there are at least two ideals in $R$ containing $I$, namely $I$ and $R$. And $I$ is maximal if and only if these are the only two ideals in $R$ containing $I$.
Now the set of ideals in $R$ containing $I$ is in bijection with the set of ideals of $R/I$. So $I$ is maximal if and only if there are exactly two ideals in $R$ containing $I$ if and only if there are exactly two ideals in $R/I$ if and only if $R/I$ is a field.