Y2K Problem and Computer Memory

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Questions and Answers

Why did early computer systems store only the last two digits of the year instead of the full year?

To comply with government regulations on data storage limitations.
To prevent the systems from crashing due to excessive data storage.
To make it easier to calculate dates using less computational power.
To reduce the cost of computer memory, which was very expensive at the time. (correct)

What was one of the main concerns related to the Y2K problem?

Overloading of computer memory causing system crashes.
Increased cost of cloud storage for companies.
Banking systems failing and payments not being processed. (correct)
Lack of government regulations to address the issue.

What was the approximate cost of one kilobyte of storage in the early days of computing?

$1000 USD
$10 USD
$100 USD (correct)
$1 USD

What did people fear might happen if the Y2K problem was not addressed?

<p>Banking systems and payment processing could fail. (B)</p> Signup and view all the answers

How did people respond to the Y2K problem?

<p>Governments passed laws, businesses upgraded their systems, and people rewrote software to prevent system failures. (C)</p> Signup and view all the answers

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