Here's why:
* Na represents the element sodium, which typically forms a +1 cation (Na⁺).
* O represents the element oxygen.
* The subscript 2 after O indicates that there are two oxygen atoms in the ion.
* The overall charge of the ion is -2 to balance the +2 charge from the two sodium ions.
Therefore, the compound Na₂O₂ is called sodium peroxide.