Construct an algorithm to generate the Fibonacci sequence.
The Fibonacci sequence is a series of numbers where each number is the sum of the two numbers before it. The first two numbers in the sequence are 0 and 1. Below is an algorithm to generate the Fibonacci sequence:

1. Define a function `generate_fibonacci` that takes in a parameter 'n', where 'n' represents the number of terms to be generated in the sequence.
2. Define variables `a = 0` and `b = 1` as the first two numbers in the sequence.
3. Create an empty list called `fibonacci_sequence`
4. If n is 0 or a negative number, print message "Please enter a positive integer"
5. If n is equal to 1, append `a` to `fibonacci_sequence` and return `fibonacci_sequence`.
6. If n is greater than or equal to 2, append `a` and `b` to `fibonacci_sequence`.
7. Create a for loop that iterates from the number 2 to the value of n. 
   a. Inside the loop, define `c = a + b` to represent each subsequent number as the sum of the two previous numbers.
   b. Append the value of `c` to the `fibonacci_sequence` list.
   c. Inside the loop, assign the value of `b` to `a` and the value of `c` to `b` to update the two previous numbers for the next iteration.
8. Return `fibonacci_sequence` upon completion of the loop
9. Call the function `generate_fibonacci` with a specified value of 'n' to generate the desired number of terms.

Example Python code:

```
def generate_fibonacci(n):
    a = 0
    b = 1
    fibonacci_sequence = []
    if n <= 0:
        print("Please enter a positive integer")
    elif n == 1:
        fibonacci_sequence.append(a)
    else:
        fibonacci_sequence.append(a)
        fibonacci_sequence.append(b)
        for i in range(2, n):
            c = a + b
            fibonacci_sequence.append(c)
            a = b
            b = c
    return fibonacci_sequence

#generating the first 10 terms of the Fibonacci sequence
print(generate_fibonacci(10))
```
Below is an instruction that describes a task, write a response that appropriately completes the request.

### Instruction:
Construct an algorithm to generate the Fibonacci sequence.

### Response:
The Fibonacci sequence is a series of numbers where each number is the sum of the two numbers before it. The first two numbers in the sequence are 0 and 1. Below is an algorithm to generate the Fibonacci sequence:

1. Define a function `generate_fibonacci` that takes in a parameter 'n', where 'n' represents the number of terms to be generated in the sequence.
2. Define variables `a = 0` and `b = 1` as the first two numbers in the sequence.
3. Create an empty list called `fibonacci_sequence`
4. If n is 0 or a negative number, print message "Please enter a positive integer"
5. If n is equal to 1, append `a` to `fibonacci_sequence` and return `fibonacci_sequence`.
6. If n is greater than or equal to 2, append `a` and `b` to `fibonacci_sequence`.
7. Create a for loop that iterates from the number 2 to the value of n. 
   a. Inside the loop, define `c = a + b` to represent each subsequent number as the sum of the two previous numbers.
   b. Append the value of `c` to the `fibonacci_sequence` list.
   c. Inside the loop, assign the value of `b` to `a` and the value of `c` to `b` to update the two previous numbers for the next iteration.
8. Return `fibonacci_sequence` upon completion of the loop
9. Call the function `generate_fibonacci` with a specified value of 'n' to generate the desired number of terms.

Example Python code:

```
def generate_fibonacci(n):
    a = 0
    b = 1
    fibonacci_sequence = []
    if n <= 0:
        print("Please enter a positive integer")
    elif n == 1:
        fibonacci_sequence.append(a)
    else:
        fibonacci_sequence.append(a)
        fibonacci_sequence.append(b)
        for i in range(2, n):
            c = a + b
            fibonacci_sequence.append(c)
            a = b
            b = c
    return fibonacci_sequence

#generating the first 10 terms of the Fibonacci sequence
print(generate_fibonacci(10))
```