Prepare for the UCF SLS1501 Strategies for Success in College Exam. Review with flashcards and multiple-choice questions, complete with hints and explanations. Ace your exam with confidence!

Long-term memory is characterized by its almost endless capacity and the ability to retain information over extended periods, potentially even a lifetime. This aspect distinguishes it from short-term memory, which is limited both in the amount of information it can hold and in how long that information is retained. Long-term memory encompasses a broad range of information types, including facts, experiences, skills, and learned knowledge, allowing individuals to draw upon a vast reservoir of information whenever necessary.

The longevity and capacity of long-term memory are crucial for learning and personal development, as they enable us to build upon previous knowledge and experiences. This capacity is essential for academic success and everyday problem-solving, making it a fundamental aspect of cognitive functioning.