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Time is a basic component of the measuring system used to sequence the events, to compare the durations of events and the intervals between them, and to quantify the motions of objects. Time has been a major subject of religion, philosophy, and science, but defining time in a non-controversial manner applicable to all fields of study has consistently eluded the greatest scholars.

Time is also of significant social importance, having economic value ("time is money") as well as personal value, due to an awareness of the limited time in each day and in lifespan.

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