Aldol condensation is a reaction between aldehydes or ketones containing a ฮฒ-hydrogen that leads to the formation of ฮฒ-hydroxy aldehydes or ketones, which can further dehydrate to yield enones or ฮฑ,ฮฒ-unsaturated carbonyl compounds. This reaction not only builds new carbon-carbon bonds but also utilizes enolate ions formed from the starting carbonyl compounds, highlighting its role in complex organic synthesis.