A simple microscope uses a single lens to magnify objects and forms a virtual image. It provides low magnification and is used to examine things like skin, algae, and soil samples. A compound microscope has two lens systems that provide higher magnification by compounding the magnification of the objective and eyepiece lenses. It allows detailed examination of stained slides and is commonly used in biology labs and medical diagnostics. A stereo microscope uses two separate optical paths and lens systems to provide a three-dimensional view of surfaces. It has lower magnification than compound microscopes and is used for examining things like insects and circuit boards.