Some People Refer to the Series of Input, Process, Output

question 120

Multiple Choice

Some people refer to the series of input, process, output, and storage activities of a computer as which of the following?

• A) data processing cycle
• B) input processing cycle
• C) output processing cycle
• D) information processing cycle

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Definitions:

Public Good

A public good is a commodity or service that is provided without profit to all members of a society, either by the government or a private individual or organization.

Socialism

An economic system in which the government owns most of the productive resources except labor; it usually involves the redistribution of income.

Private Ownership

The ownership of property and businesses by individuals or corporations rather than by the government or the public as a whole.

Redistribution of Income

The transfer of income and wealth from some individuals to others through a social mechanism such as taxation, charity, welfare, public services, land reform, or monetary policies.