Polycythemia vera is a proliferative disorder where the bone marrow overproduces red blood cells, white blood cells, and platelets. It is caused by a mutation in the JAK2 enzyme. Common symptoms include headache, dizziness, and an enlarged spleen due to spleen enlargement and increased blood viscosity. Treatment focuses on phlebotomy to reduce red blood cell counts and medications like hydroxyurea to suppress bone marrow production and reduce risk of blood clots. Patients also need lifestyle changes and monitoring for complications like thrombosis.