Answer true or false
A permanent magnet is made of steel and loses its magnetism easily.

Explanation

To determine whether the statement "A permanent magnet is made of steel and loses its magnetism easily" is true or false, we can analyze the components of the statement step by step.

### Step 1: Understand what a permanent magnet is
A permanent magnet is a type of magnet that maintains its magnetic properties over time without the need for an external magnetic field.

**Hint:** Remember that permanent magnets are designed to retain their magnetism.

### Step 2: Identify the materials used for permanent magnets
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