1. **State the problem:** Find the volume of a cube with side length 2 cm. 2. **Formula:** The volume $V$ of a cube is given by the formula: $$V = s^3$$ where $s$ is the length of one side of the cube. 3. **Apply the formula:** Here, $s = 2$ cm, so: $$V = 2^3$$ 4. **Calculate:** $$V = 2 \times 2 \times 2 = 8$$ 5. **Interpretation:** The volume of the cube is 8 cubic centimeters. This means the cube can hold 8 unit cubes of 1 cm³ each inside it.