Example Concept: Rust's ownership model is built around three core principles: ownership, borrowing, and lifetimes. Ownership ensures that each piece of data has a single owner, and when the owner goes out of scope, the data is deallocated. Borrowing allows references to data without transferring ownership, with rules that prevent data races by ensuring only one mutable reference or multiple immutable references at a time. Lifetimes are used to track how long references are valid, preventing dangling references.