What are rate limits and quotas, and why are they important for API management?
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Rate limits and quotas are used to manage how clients interact with APIs. Rate limits specify the maximum number of API calls a client can make within a specific time frame (e.g., per second or per minute) to prevent overuse and ensure fair access. Quotas define the total number of API calls a client can make over a longer period (e.g., per month or year). Implementing these controls helps prevent server overload, ensures resources are available for all clients, and guards against abuse.
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