Final answer:
Memory in psychology involves encoding, storing, and retrieving information, essential for daily functioning and learning.
Explanation:
Memory is an information processing system that involves the processes of encoding, storing, and retrieving information over time. Psychologists distinguish between available information in memory and accessible information, with only a fraction of stored information being immediately retrievable.
Encoding is the process of entering information into memory through automatic or effortful processing, while retrieval involves accessing stored information back into conscious awareness for use in various tasks.
Memory, with its components of encoding, storage, and retrieval, operates similar to a computer system and is crucial for daily functioning and learning.
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