Next.js is a framework that helps build web pages using React. When a user asks for a page, Next.js checks if the page component should run on the server or the client. If it is a Server Component, Next.js runs the code on the server to create HTML. Then it sends this HTML to the browser. The browser shows the page content to the user. If the component needs to run on the client for interactivity, Next.js sends JavaScript to the browser to handle that. This way, Next.js makes pages load fast and work well. The example code shows a simple page that displays a heading. The execution table traces how the request flows from the browser to the server and back, showing when the HTML is created and rendered.