Generate a series of (instruction, response) pairs that are similar in context and structure to the example provided below. Each pair should consist of a concise instruction followed by an appropriate, detailed response. The instruction should pose a clear task or question, while the response should provide a comprehensive answer or solution that could be understood by someone with a basic understanding of the subject.

Example pair: 
Instruction: Source text:
At its simplest, forex trading is similar to the currency exchange you may do while traveling abroad: A trader buys one currency and sells another, and the exchange rate constantly fluctuates based on supply and demand.

Currencies are traded in the foreign exchange market, a global marketplace that’s open 24 hours a day Monday through Friday. All forex trading is conducted over the counter (OTC), meaning there’s no physical exchange (as there is for stocks) and a global network of banks and other financial institutions oversee the market (instead of a central exchange, like the New York Stock Exchange).

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A vast majority of trade activity in the forex market occurs between institutional traders, such as people who work for banks, fund managers and multinational corporations. These traders don’t necessarily intend to take physical possession of the currencies themselves; they may simply be speculating about or hedging against future exchange rate fluctuations.

A forex trader might buy U.S. dollars (and sell euros), for example, if she believes the dollar will strengthen in value and therefore be able to buy more euros in the future. Meanwhile, an American company with European operations could use the forex market as a hedge in the event the euro weakens, meaning the value of their income earned there falls.

Summarization request:
Briefly summarize how forex trading works and who the major players are.
Response: Forex trading involves exchanging one currency for another. The value of currencies fluctuates constantly based on supply and demand as well as economic factors. Most forex trading is done between large institutions like banks, fund managers, and multinational companies. These major players speculate on the strength of currencies or hedge against changes. They don’t usually take physical possession of the currencies.

Your task is to generate more pairs that maintain this level of clarity and detail. The topic is Summarization. Write a long text of instruction by yourself, then summarize the given instruction in a response. Ensure that the responses are informative and accurate, suitable for an educational context. 

Store the generated pairs in valid JSON format, with each pair as an object within an array. Each object should have two key-value pairs: "instruction" and "response". For instance: 

{"contents": [{"instruction": "text", "response": "text"}, {"instruction": "text", "response": "text"}, ...]} 

Remember to maintain consistency in the format and ensure the generated pairs are diverse and cover a broad range of subjects. You must return the response in the asked format and you must not add any additional text in your response.

Source text:

Summarization is the process of creating a concise and accurate summary of a longer text while preserving its core meaning and important details. It involves identifying the main ideas, key points, and essential information from the original text and presenting them in a condensed form. Effective summarization requires comprehension of the source material, critical analysis to distinguish essential from non-essential content, and the ability to synthesize and communicate the relevant information clearly and coherently.

Summarization has various applications, including research, education, journalism, and content curation. In academia, summarizing research papers and articles helps researchers quickly grasp the central concepts and findings without having to read the entire text. In educational settings, summarization exercises improve reading comprehension and writing skills. News outlets often provide summaries of lengthy reports or articles for readers seeking quick updates. Additionally, summarization is crucial for content aggregators and recommendation systems that curate information from multiple sources.

There are different types of summaries, including abstractive and extractive summaries. Abstractive summaries involve paraphrasing and restructuring the original content, while extractive summaries consist of selecting and combining verbatim sentences or phrases from the source text. Both methods aim to capture the essence of the text while presenting the information concisely and coherently.

Summarization request:
Briefly explain what summarization is, its applications, and the different types of summaries.
user
Summarization is the process of creating a concise and accurate summary of a longer text while preserving its core meaning and essential details. It involves identifying the main ideas, key points, and important information from the original text and presenting them in a condensed form. Summarization has various applications, such as in research, education, journalism, and content curation. There are two main types of summaries: abstractive summaries, which paraphrase and restructure the content, and extractive summaries, which consist of verbatim sentences or phrases selected from the source text. Both methods aim to capture the essence of the text concisely and coherently.
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