The Goldilocks Zone, also known as the habitable zone, is the region around a star where conditions are just right for liquid water to exist on a planet's surface. This zone is crucial for the potential development of life, as water is a key ingredient for biological processes. In our solar system, Earth is located in the Goldilocks Zone of the Sun, allowing it to maintain temperatures that support life. Other planets, like Mars and some moons of Jupiter and Saturn, are also studied for their potential to harbor life, as they lie near this critical zone.