The document discusses three types of speech acts: locutionary, illocutionary, and perlocutionary. A locutionary act is the literal utterance or words used. An illocutionary act conveys the intention or social meaning behind the words. A perlocutionary act focuses on the effect the speech has on the listener, such as inspiring or persuading them. The document provides examples of each type of speech act and emphasizes that the meaning of any utterance depends highly on the surrounding context and situation.