For identical fermions, the antisymmetrized product (Slater determinant) ensures no two fermions share identical quantum numbers. For bosons, symmetric superpositions allow multiple particles in the same state.
From your study of identical particles, you know that quantum mechanics treats indistinguishable particles fundamentally differently from classical physics. When two identical particles are exchanged, no measurement can detect the swap — so the physical state cannot change. This means the wavefunction Ψ(1,2) can at most pick up a phase factor under exchange. It turns out only two possibilities are consistent with quantum mechanics: the wavefunction either stays the same (symmetric) or flips sign (antisymmetric). Particles obeying symmetric exchange are bosons; particles obeying antisymmetric exchange are fermions.
The antisymmetry requirement for fermions has a dramatic consequence: the Pauli exclusion principle. Suppose two fermions occupy the same single-particle state φ. The two-particle antisymmetric wavefunction would be Ψ = φ(1)φ(2) − φ(2)φ(1) = 0. The wavefunction vanishes identically — this state simply cannot exist. Two fermions can never share all the same quantum numbers. This is why electrons in atoms fill distinct orbitals rather than all collapsing into the lowest energy state. Every feature of the periodic table, every rule of atomic structure, ultimately traces back to this sign flip under exchange.
The Slater determinant is the systematic way to construct properly antisymmetrized wavefunctions for N fermions. Given N single-particle orbitals φ₁, φ₂, ..., φ_N, write them as an N×N determinant where rows label orbitals and columns label particles. The determinant automatically produces all N! permutations with the correct signs — swapping any two columns (swapping two particles) flips the sign of a determinant, guaranteeing antisymmetry. If any two rows are identical (two fermions in the same orbital), the determinant equals zero — recovering the Pauli principle.
Bosons take the opposite path. Their symmetric wavefunctions allow — and actually favor — multiple particles in the same single-particle state. Where fermions are forced to stack up in distinct states, bosons can pile into the ground state. This distinction drives phenomena as different as the rigidity of matter (fermions resisting compression via the exclusion principle) and Bose-Einstein condensation (bosons macroscopically occupying a single quantum state). The single sign difference under particle exchange — symmetric vs. antisymmetric — underlies a vast divide in the behavior of matter.