How to fix "The emulator process for AVD has terminated" error in Android Studio.

Clear explanation was given to fix the error "The emulator process for AVD has terminated" by finding out the root cause of the issue in Android Studio.
Idea.log file path
in Windows: \Users\username\AppData\Local\Google\AndroidStudio{Version}\log\idea.log.
In Mac: \Users\username\Library\Logs\Google\AndroidStudio{Version}\idea.log.
AndroidStudio error playlist
• Android Studio Errors
#androidstudio
#emulator
#terminated