- The hallmark of this period (1964-1971) was the development of the integrated circuit. A single integrated circuit (IC) is made up of many transistors, which increases the power of a computer while simultaneously lowering its cost. These computers were quicker, smaller, more reliable, and less expensive than their predecessors. High-level programming languages such as FORTRON-II to IV, COBOL, and PASCAL PL/1 were utilized. For example, the IBM-360 series, the Honeywell-6000 series, and the IBM-370/168.
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