Here's a good video by mathantics that explains the basics of exponents!
Summary
The video draws an analogy to the relationship between addition and multiplication.
2×3=6↙↓↘2+2+2=6
We can think of multiplication is repeated addition. In the example above, the multiplication of 2 by 3 is representing the addition of 2 to itself 3 times. A number multiplied by another number can also be added repeatedly. That is, 2 times 3 means the addition of 3 to itself 2 times.
He then reviews the anatomy of an exponent:
base→23← exponent/index
The base is the number we want to multiply, while the exponent is the number of copies of the base that we have.
23=8↙↓↘2×2×2=8
Similarly, exponentiation is repeated multiplication. In the example above, the exponentiation of 2 by 3 is representing the multiplication of 2 by itself 3 times total. Note that this is not equivalent to 32, which is 3×3=9, so exponentiation is not commutative. Sometimes we'll have negative exponents rather than whole number exponents. Sometimes the exponents will even be fractions! In fact, it can be any real number. But usually they're whole numbers.
Finally, some notation: a power of 2 is often called "squared," while a power of three is often called "cubed."