Concept:
In the Cartesian coordinate system, two perpendicular number lines are used:
• The horizontal line is called the $X$-axis.
• The vertical line is called the $Y$-axis.
The point where these two axes meet is called the origin.
Step 1: Understand the coordinates of points on the axes.
• Every point on the $X$-axis has $y = 0$.
• Every point on the $Y$-axis has $x = 0$.
Step 2: Find the common point of both axes.
For a point to lie on both axes simultaneously:
\[
x = 0
\]
and
\[
y = 0
\]
Therefore, the coordinates of the intersection point are:
\[
(0,0)
\]
Step 3: Identify the special name of this point.
The point
\[
(0,0)
\]
is called the origin of the coordinate plane.
Hence, the correct answer is:
\[
\boxed{(0,0)}
\]