What is the purpose of the 'pass' statement in Python?

The 'pass' statement in Python is used as a placeholder in code. It allows developers to indicate that a certain block of code is intentionally left empty. This can be particularly useful in situations where a syntactic statement is required, such as in defining a function, class, or control flow statements, but where no action needs to be taken at that point in the code.

For example, if you are working on a function that you plan to implement later, using 'pass' allows you to outline the structure of your program without causing any syntax errors. This way, you can continue developing the rest of your code, knowing that part of it is still yet to be completed.

By serving this purpose, 'pass' helps maintain readability and organization in code, allowing for the implementation of logic without breaking the flow with incomplete functions or classes.