Answer:
Both acronyms and initialisms are made up of the first letter or letters of the words in a phrase. The word acronym typically applies when the resulting thing can be read as a word; for example, radar comes from "radio detection and ranging" and scuba comes from "self-contained underwater breathing apparatus." The word initialism only applies when the resulting thing is read as an abbreviation; for example DIY, which comes from "do it yourself," is pronounced by saying the names of the letters. Note that the word acronym is also sometimes used to mean "initialism."