Hypertext is text augmented with links that allow nonlinear reading. It originated with concepts like Memex and Xanadu in the 1940s-1960s and was popularized by the World Wide Web in the 1990s. Hypertext uses links to connect pieces of text within or across documents, allowing the reader to browse and search for information in a nonlinear fashion. Key components of hypertext include links, URLs to identify resources, HTML markup for authoring links and pages, and indexes to facilitate searching large link collections.