HTML is a markup language that defines the structure and layout of a web page. It uses tags to mark elements like headings, paragraphs, lists, links and images. Dynamic HTML (DHTML) enhances HTML by making web pages more interactive using technologies like CSS, JavaScript and DOM. DHTML allows animating text and images, adding effects like drop-down menus and rollover buttons, and creating browser-based games. It allows dynamically updating web page styles and content in real-time.