The Takings Clause is part of the Fifth Amendment to the United States Constitution. It states that private property cannot be taken for public use without just compensation. This means that if the government needs to acquire land for projects like roads or schools, they must pay the property owner a fair price. This clause is essential for protecting property rights and ensuring that individuals are not unfairly deprived of their assets. It balances the needs of the public with the rights of property owners, allowing for development while ensuring that owners receive compensation for their loss.