Imagine you have a bunch of toys in a room, like building blocks, dolls, and stuffed animals. Each toy has its own features, like color, size, and texture. Now, imagine you want to organize the toys into groups based on their features, so that all the red toys are in one group, all the small toys are in another group, and so on. This is kind of like what a product topology does.
A product topology is a way of putting together two or more spaces (like rooms full of toys) to create a new space that has some of the properties of each of its parts. For example, if you have one space that's shaped like a circle and another space that's shaped like a square, you might want to create a new space that's like a circle inside of a square. This new space is called the product space, and the product topology is the way that the open sets (or neighborhoods) of this space are defined.
Basically, a product topology tries to capture the idea that instead of looking at one object or space on its own, it's often useful to think about how that object interacts with other objects or spaces around it. Just like how you might group toys together based on their features, a product topology takes multiple spaces and creates a new space that represents their interactions.