it is different levels of a very thin wood
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Plywood is manufactured from thin sheets of wood. Where as PLY means layer of Material. Hence LAYER(s) OF WOOD = PLYWOOD
Plywood is made from an odd number of thin wood layers glued with the grain at 90 degrees to the adjacent layer for strength. Hardboard and chipboard come from the remains of other woods.
plywood is very strong, it is used for floorboarding houses.
Plywood is strong and light, easily worked and fastened.
No, it is treated and manufactured under much higher pressure, free of voids, and will cost even more than exterior plywood, which is costlier than "regular" plywood.Marine plywood is good enough for boat building . But regular plywood can only be used for furniture , decoration .