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Python is an ever-evolving language, and these basic terms will help you understand some of what's out there. However, these terms aren't all you need to know to fully grasp the language.
People used Python but the main thing you need is SciPy. Or at the VERY least, Pandas. Beyond that, it's whatever.
Python was named the world’s most popular programming language by IEEE Spectrum last year, so this change is a big one for the programming community. It follows the lead of Drupal and Django.