1) Lasers work by stimulating the emission of radiation through light amplification. They produce coherent, intense beams of light in visible, infrared, or ultraviolet wavelengths. 2) Key characteristics of lasers include coherence, high intensity that can be focused in a small area, high directionality within 1mm per meter, and high monochromaticity within a 1nm wavelength spread. 3) Lasers are constructed with a lasing medium like Nd:YAG surrounded by an optical cavity including mirrors to produce stimulated emission through optical pumping.