A switched network consists of interconnected switches that create temporary connections between linked devices. There are three main types of switched networks: circuit-switched networks reserve dedicated resources for the entire data transfer between two stations, datagram networks allocate resources on demand without reservation, and virtual-circuit networks exhibit characteristics of both by reserving resources for packets belonging to the same source and destination but allowing variable delays. Switches can be constructed as single-stage crossbar switches or multistage switches using various designs like Clos networks to reduce the number of crosspoints.