Final answer:
Copyright is a legal concept that protects intellectual property and promotes creativity. It ensures financial gain for creators without restricting access to information.
Step-by-step explanation:
Copyright is a legal concept that grants exclusive rights to creators of original works. It protects intellectual property by preventing others from reproducing, distributing, or performing the work without permission.
There are several reasons why copyright is important. First, it encourages the promotion of creativity by rewarding creators for their original ideas and expressions. Second, it ensures financial gain for creators by allowing them to control and profit from their work. Lastly, copyright does not restrict access to information, but it balances the rights of creators and the public by providing limited protection for a specified period of time.