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importance of timers and counters

hi all, can anyone explain me the brief explanation of the importance of the timers and counters with reference to the microprocessor,
thanks in advance

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  • is this a question you got as homework?

    It does sound like it. Quite often I wonder, what use is this kind of knowledge to an electronics engineer? It sounds like something a marketing specialist would want to know. Maybe it is a question asked at MCU marketing training courses, who knows...