The Recency Effect is a cognitive phenomenon where individuals are more likely to remember the most recent items in a list or sequence. This effect is part of the broader concept of the Serial Position Effect, which also includes the Primacy Effect, where earlier items are remembered better. The Recency Effect occurs because the last items are still fresh in short-term memory. In practical terms, the Recency Effect can be observed in various situations, such as when recalling a list of groceries or remembering names at a party. It highlights how the order of information can influence memory retention and recall, emphasizing the importance of presentation in learning and communication.