Newtonian and non-Newtonian fluids can be classified based on their viscosity properties. Newtonian fluids have constant viscosity regardless of shear rate or stress. Non-Newtonian fluids have variable viscosity depending on factors like shear rate, stress over time, or prior deformation history. There are several types of non-Newtonian fluids including shear thinning, dilatant, Bingham plastic, thixotropic, and rheopectic fluids. Examples of non-Newtonian behaviors include ketchup becoming thinner with shaking and whipped cream increasing in viscosity over time. The document provides definitions and examples of different fluid types based on their viscosity characteristics.