This chapter introduces material balances, which apply the law of conservation of mass to accounting for material entering and leaving a chemical engineering system. It discusses open and closed systems, steady-state and unsteady-state systems, and how to perform material balances on single and multiple component systems as well as batch and semi-batch processes. The key concepts covered are the definitions of a system, open vs closed systems, steady-state vs unsteady-state systems, and how to approach material balances for different process types.