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We love polynomials because they're so simple; we use polynomials to approximate functions for the same reason that we use rectangles to approximate general areas -- because they're simple!
Tangent lines provide a great fit -- but really only near one point, $x=a$. At that point, tangent lines get both the function value and the slope (first derivative) exactly right.
So we'll fit second degree polynomials (whose graphs are parabolas) to functions.
Parabolas provide an even better fit -- but really only near one point, $x=a$. At that point, tangent parabolas get the function value, and the slope, and the inflection (second derivative) exactly right.