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Open source software is usually public, collaborative computer software that is licensed for the holder of the copyright to modify, study or distribute it to others no matter the purpose. Open source hardware has and does everything that opens source software does (it even has the software itself), but also includes the physical components and designs like schematics, source codes, layout data, etc.

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Q: Meaning of open source software hardware software?
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How you overcome cost of computers software and hardware purchase?

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