A derived series is a sequence of subalgebras or subrings that are formed by repeatedly taking the derived algebra, which consists of the commutator of elements. It provides insight into the structure and properties of Lie algebras and rings by illustrating how they can be broken down into simpler components. The derived series helps in understanding how far an algebraic structure is from being solvable or abelian, particularly in the context of the properties and classifications of Lie algebras and Lie rings.
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