Hypersensitivity is an immunological state where the immune system overreacts to foreign antigens. There are four main types of hypersensitivity: Type I is an immediate allergic reaction mediated by IgE antibodies, Type II involves antibody-mediated cytotoxic reactions, Type III occurs when immune complexes are deposited in tissues, and Type IV is a delayed cell-mediated response. Each type has different pathogenic mechanisms and causes distinct pathological lesions and clinical symptoms.