Times New Roman
Times New Roman is a serif typeface. It was made for legibility (easy reading) in body text. It was created by the British newspaper The Times in 1931. It was made by Stanley Morison, the artistic advisor to the British part of the newspaper. Victor Lardent, a lettering artist at Times advertising department, helped him make it.
Times New Roman is packed together, with tall lowercase letters. These things make it easier to read.