Contrast the Private Encryption Standard Approach with the Public Key

question 69

Essay

Contrast the Private Encryption Standard approach with the Public Key Encryption approach to controlling access to telecommunication messages.

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Definitions:

Efficient

Achieving maximum productivity with minimum wasted effort or expense; effectively utilizing resources.

Equitable

Fair and impartial treatment or distribution, often in the context of socio-economic policies.

Excess Supply

When the quantity supplied of a good exceeds the quantity demanded.

Excess Demand

When the quantity demanded of a good exceeds the quantity supplied.