Acids are sour substances that turn litmus solution red and contain hydrogen ions. Bases are bitter, soapy substances that turn litmus blue and contain hydroxide ions. Indicators are substances that change color in acidic versus basic solutions, allowing identification of acids and bases. A neutralization reaction occurs between an acid and base, producing a salt and water while releasing heat. Common indicators include litmus, turmeric, and phenolphthalein, which are used to test the acidity or basicity of other substances.