BSD-style
BSD init runs the initialization shell script located in /etc/rc, then launches getty on text-based terminals or a windowing system such as X on graphical terminals under the control of /etc/ttys. There are no runlevels; the /etc/rc file determines what programs are run by init. The advantage of this system is that it is simple and easy to edit manually. However, new software added to the system may require changes to existing files that risk producing an unbootable system. To mitigate against this, BSD variants have long supported a site-specific /etc/rc.local file that is run in a sub-shell near the end of the boot sequence.
A fully modular system was introduced with NetBSD 1.5 and ported to FreeBSD 5.0 and successors. This system executes scripts in the /etc/rc.d directory. Unlike System V's script ordering, which is derived from the filename of each script, this system uses explicit dependency tags placed within each script. The order in which scripts are executed is determined by the rcorder script based on the requirements stated in these tags.
Read more about this topic: Init