What It Is:

A page is a space to build lesson content, store course information, and educational resources. You are in a page right now!

Why It's Awesome:

You would use Pages if you want to give multiple, related content in one place but do not need students to submit something back to you.
Design with the Rich Content Editor (RCE): add images, files, record or upload multimedia content, and embed external tools such as YouTube, Khan Academy to enhance your pages and make more content more interactive.
Use the Content Selector for more: using the content selector menu located on the right-side allows you to add direct links to other Pages, Assignments, Quizzes, Announcements, Discussions, Modules or other course navigation areas.
Make sure it's accessible: the accessibility checker helps you identify and correct some of the most common accessibility issues.

Easy to duplicate Pages from the options menu in Module view.
Use them for collaboration. Pages can work like collaborative wiki pages that students can edit, while allowing the instructor to see and monitor the edits.

Pages Example