Web 2.0 refers to second-generation websites that emphasize user-generated content, usability, and interoperability. Key aspects of Web 2.0 include folksonomies, rich user experiences, user participation, and software as a service. Web 2.0 sites utilize tools like social networking, tagging, RSS feeds, wikis, blogs, and photo/video sharing to promote collaboration and sharing among users. Web 2.0 has applications in marketing, education, and social networking by facilitating interaction between companies/organizations and consumers and enabling collaborative learning through blogs and wikis. It represents a shift to more dynamic, user-centered websites.