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In this video, Mark explains Agile development, emphasizing the importance of understanding what Agile truly means, as opposed to misconceptions propagated by sellers and consultants. He notes that many products and services misinterpret Agile, suggesting it involves specific tools, methodologies, or practices like using sticky notes for user stories, hiring consultants, or conducting stand-up meetings. However, the true definition of Agile is rooted in the Agile Manifesto, which clarifies that Agile is not a methodology, but rather a set of principles guiding software development. The video aims to provide clarity on the genuine essence of Agile practices.