Mars is the fourth planet from the sun, characterized by its reddish appearance due to iron oxide, and features both impact craters and geological structures like volcanoes and valleys. Notable geological formations include Olympus Mons, the tallest volcano in the solar system, and Valles Marineris, a massive canyon system. Gusev Crater, believed to have once contained liquid water, indicates the possibility of a historical lake, showcasing Mars' complex geological history.