Final answer:
The 'pwd' command in Unix-like operating systems displays the present working directory, which is the full path to the current working location in the file system.
Step-by-step explanation:
The pwd command in the context of a Unix-like operating system (such as Linux or macOS) stands for "Print Working Directory." When you execute this command in the terminal, it displays the present working directory. This is the directory in which the user is currently working, essentially showing the full path to the location on the file system. The pwd command does not relate to passwords or any user's personal data. Therefore, the correct answer to the question "The pwd command displays the ________." is option 3) present working directory.