What is the difference between Python array and Python list?

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Difference between Python array and Python list

Array Lists
it is used to store only homogeneous data. The list is used to store heterogeneous data
it occupies less amount of memory as the array stores only similar types of data. List stores different types of data so it requires a large  amount of memory compared to the array
The length of an array is fixed as need to declare the length at the time of declaration. The length of the list is not fixed