Lenses refract light and focus it at a point. They are made of glass or plastic and have two focal points on either side. Light rays bend as they pass through a lens due to refraction. There are two main types of lenses: convex lenses, which are thicker in the center and focus light, and concave lenses, which are thicker on the edges and diverge light. Convex lenses form real or virtual images depending on the object's position, while concave lenses always form upright, reduced images.