commenting out blocks of code

[john peter]

 in java, i can  prevent a block of code from executing
  by bracketing the block with comment indicators, as shown
  below:
  /*
    statement1 will not execute;
    statement2 will not execute;
  */
    statement3 will execute
  
  is there a similar mechanism in python, other than prefixing
  the '#' character to the start of each statement i do  not
  want to execute (which gets old very quickly if one needs to
  comment and uncomment several statements a couple of
  times while "playing around with code" say during initial design)?
  

		
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