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Carets, also known as circumflex accents, are a type of diacritic mark used in various languages and writing systems. The caret looks like a small, upward-pointing arrow (^) and is placed above a letter to indicate a different pronunciation or to distinguish it from a similar word. In French, for example, the caret is used to indicate that a letter 's' used to follow the vowel, but is no longer pronounced. In mathematics and computer programming, the caret is used as a symbol for exponentiation. In proofreading and editing, the caret is used to indicate where a word or phrase should be inserted in a document. Overall, carets play a crucial role in clarifying pronunciation, emphasizing certain words, and conveying specific meanings in written communication.