Rolle's theorem, proved by Michel Rolle in 1691, states that if a real-valued differentiable function has equal values at two distinct points, there is at least one stationary point between them where the derivative is zero. The theorem serves as a foundation for the Mean Value Theorem (MVT), which ensures that for continuous and differentiable functions, there exists a point where the instantaneous rate of change matches the average rate of change over an interval. Practical applications of these theorems include traffic management and financial modeling.