Modulation involves combining a carrier signal with a message signal for transmission. There are three main types of analog modulation: frequency modulation, phase modulation, and amplitude modulation. Frequency modulation varies the carrier frequency based on the message signal frequency. It has good noise resistance but requires more complex receivers. Phase modulation varies the carrier phase based on the message signal amplitude. It has less interference but can cause phase ambiguity. Amplitude modulation varies the carrier amplitude based on the message signal, requiring simple circuits but more power. Each type has advantages and disadvantages for different applications in radio, recording, and telecommunications.