The three steps in processing information are encoding, storage, and retrieval.
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Encoding involves transforming sensory input into a format that can be processed, utilizing strategies such as attention and elaboration to enhance understanding and memory retention.
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Storage is the retention of encoded information over time, which can occur in short-term memory for brief periods or long-term memory for extended durations, often organized through schemas or networks of related concepts.
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Retrieval is the process of accessing and bringing stored information back into consciousness, which can be influenced by cues, context, and the effectiveness of the initial encoding.