Acute leukemias are cancers that develop from hematopoietic stem cells and cause abnormal white blood cell production. The two main types are acute lymphoblastic leukemia (ALL) and acute myeloid leukemia (AML). ALL is most common in children under 5 years old, while AML occurs more in children under 2 years old and teenagers. Risk factors include exposure to radiation or certain genetic conditions. Treatment involves chemotherapy in multiple phases for ALL or induction and consolidation for AML, and may include stem cell transplants in some cases. The goal is to achieve remission and prevent relapse or progression of the disease.