Electromagnetic waves are self-reinforcing oscillations of electric and magnetic fields that propagate through a vacuum at the speed of light. These waves are classified as transverse waves, with electric and magnetic components oscillating at right angles to each other and the direction of propagation. The distinction between electric and magnetic fields is based on the observer's motion relative to charged particles, with electric fields arising from stationary charges and magnetic fields from moving charges. Changes in electric fields generate magnetic fields and vice versa, leading to the self-propagating nature of electromagnetic waves. Ultimately, both fields are different manifestations of the same underlying phenomenon, as explained by relativistic effects.