Final answer:
The hippocampus is responsible for explicit memory and long-term recall of events, being crucial for memory consolidation and linking memories with meanings and other memories.
Step-by-step explanation:
Inside the brain, the hippocampus is involved in explicit (past events) memory and long-term recall of events. The hippocampus is associated with declarative and episodic memory as well as recognition memory. It is important in the process of memory consolidation, which is the transferring of new learning into long-term memory. The hippocampus also projects information to cortical regions to provide meaning to memories and connect them with other memories. Damage to the hippocampus can result in the inability to process new declarative memories, as seen in the case of the renowned patient HM. On the other side, the amygdala regulates emotions such as fear and aggression, and plays a part in determining what memories to store, especially in relation to emotional experiences.