Background
I have been reading a lot of abstract algebra recently (at the level of Artin/Dummit & Foote/Herstein Topics in Algebra for those of you familiar with these books). I have noticed that many of the abstract objects like groups and rings lack a certain property in general. Namely, we cannot "take limits" in these settings generally (at least, I don't know how to define such a thing).
Question
What is the property of fields like the reals that allows us to "take a limit" that fields like $\mathbb{Z}/7\mathbb{Z}$ lack?
Many categories are complete or cocomplete, which means that you can take limits or colimits of diagrams in your category. Every category of algebraic structures of a given type is complete and cocomplete. For example:
But often one also wants to take limits of sequences (or nets, or filters) in your favorite algebraic object. This is possible for topological algebraic structures. The most important examples are topological groups, topological rings, Banach algebras, and C*-algebras. For example, we have $p^n \to 0$ in $\mathbb{Z}_p$, and $x^n \to 0$ in $\mathbb{Z}[[x]]$. For more information, see topological algebra and the references given there.
Every set can be equipped with the discrete topology, which means that a sequence converges iff it becomes eventually constant. This is the usual topology one puts on finite groups.