Angular's *ngFor directive helps render lists by looping over each item in a data array. It creates a DOM element for each item and inserts it into the template. For example, given a fruits list, *ngFor creates a list item for each fruit. The execution table shows step-by-step how each fruit is read and a corresponding <li> element is created and added to the <ul>. The variable tracker shows the current item and how many DOM elements exist after each step. Beginners often wonder why multiple elements are created; this is because *ngFor repeats the template for each item. If the list is empty, no elements are created. Angular uses the variable declared after 'let' to hold the current item during rendering. This process continues until all items are rendered, then *ngFor stops. This makes displaying dynamic lists easy and efficient in Angular.