Why Algorithm is Important for a Program
An efficient algorithm determines how fast and effectively a program can solve a problem. While modern hardware provides abundant memory, execution time remains a critical factor. Faster algorithms save time, enhance user experience, and enable scalability, especially for large datasets or real-time applications. A poor algorithm can lead to inefficiencies that no amount of hardware can fix.


Why Space is Less Important
With advancements in technology, storage has become cheaper and more abundant. For most applications, the cost of additional memory is negligible compared to the time lost due to an inefficient algorithm. However, in constrained environments (like embedded systems), space considerations may still matter.