Sigmund Freud was a famous psychologist who developed psychoanalytic theory and the theory of psychosexual development. Freud believed personality has three structures - the id, ego, and superego. He proposed that people progress through five psychosexual stages of development from birth to adulthood: oral, anal, phallic, latency, and genital. At each stage, the libido or pleasure-seeking energy focuses on different erogenous zones. Freud's theories were groundbreaking but also controversial, and aspects of his work have been criticized for lacking evidence and making unfounded assumptions.