Acids and bases can be understood through several theories, primarily the Bronsted-Lowry and Lewis theories. The Bronsted-Lowry theory focuses on the exchange of hydrogen protons, while the Lewis theory expands the definition to include electron pair exchanges, allowing for a broader classification of acids and bases. Additionally, the Arrhenius theory defines acids and bases based on their behavior in water, with acids producing H+ ions and bases producing OH- ions. For those with a background in quantum physics, molecular orbital theory can provide further insights, explaining acids as electron-deficient and bases as electron-rich, based on their positions in molecular orbitals. Resources are available for deeper exploration of these concepts.