Place value tells us what a digit is worth based on its position in a number.
As we move left, the value of a digit becomes ten times bigger.
The place decides the value.
Digit × Place = Total value.
In the number 3,274,
The 3 is in the thousands place → it means three thousand
The 2 is in the hundreds place → it means two hundred
Understanding place value helps us read, write, and compare numbers, and is the foundation of all arithmetic.