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Rivalry in embryonic industries is based not so much on price as on educating customers, opening up distribution channels, and perfecting the design of the product.
Long-Term Memory
A type of storage in the brain capable of holding information for long periods, from hours to a lifetime.
Primary Memory
Also known as short-term memory, it is the component of the mind responsible for the transient holding of information.
Long-Term Memory
The stage of the memory process that is capable of storing information for extended periods, from hours to a lifetime.
Short-Term Memory
The part of the memory system where information is stored for short periods, typically seconds to minutes, before being forgotten or transferred to long-term memory.
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