Python (Programming)

42 sec read


Python is a programming language that allows you to conduct statistical analysis or build websites.



Python was conceived in the late 1980s by Guido van Rossum at Centrum Wiskunde & Informatica (CWI) in the Netherlands.

Uses of Python

The 2 main uses of Python are – 1) Data Science (including Machine Learning) and 2) Web Development

Data Science

Python is effective at conducting statistical analysis on large amounts of data. It can be used to run machine learning models.

Web Development

Python can also be used to connect different web applications or build sophisticated websites. Examples include:

  • Google
  • YouTube
  • Reddit
  • Spotify

Non-uses of Python

Python is not meant for building desktop software or mobile apps.

Characteristics of Python

Python is designed to be simple, readable, and generally takes less time to code.


A code library is a collection of code that can be reused. Python has extensive code libraries covering many disciplines (web scrapping, machine learning, statistics etc). Most of these libraries are free for anyone to use.

Examples of Python Usage

  • Trading and Investment Analysis
  • Marketing Research
  • Physics
  • Engineering
  • Building Artificial Intelligence
  • Web Application Backend

Links to Complicated Explanations

Related Terms