Anaphylactic shock is a severe, potentially life-threatening allergic reaction that can occur within minutes of exposure to an allergen. Symptoms involve multiple body systems and can progress rapidly to circulatory collapse and death. Common causes include medications like penicillin, insect bites, foods, and other allergens. Treatment involves stopping exposure to the allergen, administering epinephrine, and managing airway obstruction and circulatory shock through intubation or other interventions. Proper management and treatment are crucial as anaphylactic reactions can be fatal if not addressed promptly.