Final answer:
Short-term memory holds information briefly, while long-term memory retains information over extended periods.
Explanation:
How Memories Are Stored
Short-term memory stores information by qualities, while long-term memory stores information by qualities. Short-term memory holds information briefly until it is needed, acting as a buffer, and it has limited capacity. Long-term memory, unlike short-term memory, has a theoretically limitless storage capacity and retains information over extended periods.
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