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The quotient space 
 of a Topological Space 
 and an Equivalence Relation ~ on 
 is the
set of Equivalence Classes of points in 
 (under the Equivalence Relation )
together with the following topology given to subsets of 
: a subset 
 of 
 is called open Iff
 is open in 
.
This can be stated in terms of Maps as follows: if 
 denotes the Map that sends each
point to its Equivalence Class in 
, the topology on 
 can be specified by prescribing that a
subset of 
 is open Iff 
 is open.
In general, quotient spaces are not well behaved, and little is known about them. However, it is known that any compact
metrizable space is a quotient of the Cantor Set, any compact connected 
-dimensional Manifold for 
 is a
quotient of any other, and a function out of a quotient space 
 is continuous Iff the function 
 is continuous.
Let 
 be the closed 
-D Disk and 
 its boundary, the 
-D sphere.  Then 
(which is homeomorphic to 
), provides an example of a quotient space. Here, 
 is interpreted as the
space obtained when the boundary of the 
-Disk is collapsed to a point, and is formally the ``quotient space by the
equivalence relation generated by the relations that all points in 
 are equivalent.''
See also Equivalence Relation, Topological Space
References
Munkres, J. R.  Topology: A First Course.  Englewood Cliffs, NJ: Prentice-Hall, 1975.