The Fossil Record is a collection of all known fossils and their placement in the geological time scale. It provides crucial evidence about the history of life on Earth, showing how different species have evolved over millions of years. By studying these fossils, scientists can understand the changes in biodiversity and the environmental conditions that existed in the past. Fossils can be found in various forms, including bones, shells, and imprints of ancient organisms. The Fossil Record helps paleontologists reconstruct past ecosystems and track the evolution of species, offering insights into how life adapts to changing environments.