Constructors and destructors are special types of member functions in C++ used to initialize and cleanup objects. Constructors are called automatically when an object is created and are used to initialize the object's member variables. Destructors are called when an object is destroyed in order to perform cleanup tasks. The document discusses different types of constructors like default, parameterized, and copy constructors. It also explains how to define and call constructors and destructors and provides examples to demonstrate their usage.