Macular degeneration refers to the deterioration of the macula, which is the most sensitive part of the retina. The macula is responsible for sharp, central vision, allowing us to see fine details clearly. As it deteriorates, it can lead to a loss of central vision, making it difficult to read, drive, or recognize faces. This condition is commonly associated with aging and is a leading cause of vision loss in older adults. The other options, such as loss of stereopsis or infection of the nose and throat, are unrelated to macular degeneration.