Find the Place Value: Locating Digit 8 in 38,697

To determine the place value of the digit 8 in the number 38,697, we will use the decimal place value system. In a multi-digit number, each digit has a specific place value based on its position from right to left. The place values are as follows: units, tens, hundreds, thousands, ten thousands, and so on.

Let's write down the number 38,697 along with its place values:

• The rightmost position is units, represented by the digit 7.
• The next position is tens, represented by the digit 9.
• The next position is hundreds, represented by the digit 6.
• The next position is thousands, represented by the digit 8.
• The leftmost position we're considering, in this case, is ten thousands, represented by the digit 3.

The digit 8 is in the thousands place. Thus, the place value of the digit 8 in the number 38,697 is 'Thousands'.

Therefore, the correct choice is Thousands.