Iron deficiency anemia is caused by a lack of iron needed to produce hemoglobin in red blood cells. It develops over time as iron stores are depleted. Symptoms include fatigue, pale skin, dizziness, and shortness of breath. It is usually treated with oral iron supplements like ferrous sulfate taken for 3-6 months to replenish iron stores. Parenteral iron can also be used intravenously for patients who cannot tolerate oral supplements or have hypersensitivity. An iron-rich diet also helps treatment and prevention.