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Governor Limits in Salesforce are the runtime limits enforced by apex runtime engine to write scalable and efficient code.
Because apex runs in a multitenant environment, the Apex runtime engine strictly enforces limits to ensure that runaway Apex code or processes do not monopolize shared resources. If some Apex code exceeds a limit, the associated governor issues a runtime exception that cannot be handled.
Every programming environment imposes its own sets of cost features & constraints.
All programs, services and applications running on the platform run in a multi-tenant environment where resources like memories, networking & database connection are being shared with other program on the platform.
It is very important that platform drives the monopoly of system resources by a single org for which they analyse our code to ensure that we are using best practices & system resources efficiently.
Force.com implements number of governor limits so that applications play nicely with each other.
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