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Small, light and fairly cheap, standard compact cameras (also known as Point and Shoots) are usually the basic entry model into the digital photography lineup. They are normally fully automatic, but some do offer some manual exposure options. They would usually have a zoom lens (4-10x) which folds into the camera, a built-in flash, and an LCD screen on the back.
Compact system (mirrorless) cameras benefit from having interchangeable lenses, which means far greater control for photographers than standard compact cameras. They offer most of the features and capabilities of SLR cameras, but with the added benefit of being lightweight, smaller and generally less expensive. These cameras offer a great option for hobby photographers who want to extend the control over their photos, but do not want the hassle of having to carry heavy sets of full sizes lenses with them.
Since their introduction in the late 90s, these cameras have become the choice for serious amateur and professional photographers. DSLR cameras are designed on the same basis as their film predecessors, and they offer superb image quality, interchangeable lenses, and a host of creative controls. The majority of DLSRs use a sensor size called APS-C, but the very top end models will have a full-frame sensor which is the same size as a 35mm film.