Scrum is a framework within Agile that organizes development into sprints, short periods of time where incremental product improvements are delivered. A Scrum team typically includes a Scrum Master (who facilitates the process), a Product Owner (who defines priorities), and a group of developers. Daily meetings (daily standups) allow for coordinating tasks and resolving blockers. Scrum is ideal for development teams looking to improve their productivity and adaptability in software projects.