Final answer:
Time-sharing was developed to enable a computer's CPU to multitask by dynamically sharing processing time among multiple applications, which was a significant advancement for efficient data processing.
Step-by-step explanation:
The technology invented to allow processing time to be dynamically shared among a number of active applications is time-sharing. The development of time-sharing systems, which was a major leap in computer technology, enabled the central processing unit (CPU) of a computer to multitask by switching between tasks.
This innovation was essential for efficiently processing large amounts of information by multiple users and is a foundational concept in modern operating systems.
The device that made it possible for digital computers to efficiently process large amounts of information is the central processing unit (CPU). The CPU is the brains of the computer, responsible for executing instructions and performing calculations.
It consists of multiple processing cores, each capable of handling multiple tasks simultaneously through a technique called multithreading. With the CPU, processing time can be dynamically shared among a number of active applications, allowing for efficient multitasking.