Which type is generally faster and holds data and instructions while the data is being processed Which type of storage is generally slower but more permanent?

In a computer, there are many forms of media storage. We can catagorize them into 3 different categories - ROM (such as BiOS), RAM (memory), and Storage (flash drives, hard disk drives, etc.). Keep in mind that RAM retains information only when the power is on.

ROM is usually stored in the BiOS chip. It basically gives your computer the most basic instructions to tell your computer to do a system check and boot your operating system.

RAM is used by the computer to do just about everything. When your computer executes a program, for example, it loads the program into the RAM, interprets it, and runs it. It is generally faster than storage devices, but it cannot retain information once power is cut from it.

Storage medium, as the name implies, for storing data. All data, programs, and files must be present on it for it to do anything useful.