What does the "Module prase failed" error mean while running npm run dev?

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The "Module parse failed" error occurs when webpack is unable to parse and process a module within your project's code. This error can occur due to issues with syntax, dependencies, or configuration errors within your project, preventing webpack from properly bundling and compiling your code. To resolve this error, you may need to review your code or dependencies, ensure that all necessary files and modules are installed and configured correctly, and fix any syntax errors or configuration issues.