As things move farther away, they appear smaller
At the center of perspective projection, there exists a single rule from which every other rule stems: as things move farther away, they appear smaller to the viewer.
At its simplest level, we can think of this as it applies to whole objects - if an object is closer, it appears bigger, if an object is farther, it appears smaller. Beyond that however, this rule applies not only to those whole objects, but also to all of their individual components, as well as the distances between those individual components. As the object moves farther away, those individual components start pulling closer together.
The same goes for entirely separate objects - if two objects are placed 1 meter apart, and are moved away from the viewer while maintaining that 1 meter distance, for the viewer they will still appear as though that gap is getting smaller, the further back it moves.
Eventually, as these objects move so far away that the distance between them (which is still 1 meter in 3D space) will be imperceptible from where the viewer is. This point, where the distance between the objects appears to be 0 and the objects themselves converge together to a single point, is known as a vanishing point.