Example Concept: Rust's ownership model is based on three core principles: ownership, borrowing, and lifetimes. Ownership ensures that each value has a single owner, and when the owner goes out of scope, the value is automatically deallocated. Borrowing allows references to data without transferring ownership, with the borrow checker ensuring that mutable references are exclusive and immutable references are shared safely. Lifetimes track the scope of references to ensure they do not outlive the data they point to, preventing dangling references.