Final answer:
The limbic system, which includes the hippocampus, is located near the center of the brain, beneath the cerebral cortex, and is responsible for regulating emotions, behaviors, and memory.
Step-by-step explanation:
The limbic system is a complex set of brain structures that include the hippocampus, amygdala, thalamus, hypothalamus, cingulate gyrus, and is primarily located near the edge of the cerebral cortex. This system is essential in regulating emotions, behaviors related to fear and motivation, and plays a crucial role in forming memories. Specifically, the hippocampus, located beneath the cerebral cortex, is a key structure for learning and memory processes. It works in concert with the amygdala, which is known for its role in the emotion of fear and in recognizing fearful faces. The hypothalamus connects the nervous system to the endocrine system and oversees homeostatic processes including temperature regulation, appetite, and blood pressure, and, together with other structures of the limbic system, contributes to emotional responses and memory functions.