In Volume and Capacity, we explore the concept of volume, which is critical for understanding how much space an object occupies. The section emphasizes that 1 liter equals 1000 cubic centimeters (cm³), which serves as a foundational conversion factor in measurements. Students are guided on how to convert volumes expressed in cm³ to liters simply by dividing by 1000. Such conversions are significant in various applications, such as cooking, shipping, and science experiments, allowing learners to see the practicality of mathematical concepts in real-world scenarios.