Final answer:
The placenta functions to exchange nutrients and wastes between the mother and developing fetus, as well as provide oxygen and support pregnancy.
Step-by-step explanation:
The placenta is an essential organ formed during pregnancy. Its primary function is to exchange nutrients and wastes between the mother and developing fetus. The placenta also provides oxygen to the fetus and removes carbon dioxide and other waste products from the fetal blood. It also produces hormones that support pregnancy and prepares the mother's body for lactation.
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