A teddy bear, or simply a teddy, is a stuffed toy in the form of a bear. The teddy bear was named by Morris Michtom after the 26th president of the United States, Theodore Roosevelt; it was developed apparently simultaneously in the first decade of the 20th century by two toymakers: Richard Steiff in Germany and Michtom in the United States. It became a popular children's toy, and it has been celebrated in story, song, and film.
Since the creation of the first teddy bears (which sought to imitate the form of real bear cubs), "teddies" have greatly varied in form, style, color, and material. They have become collector's items, with older and rarer teddies appearing at public auctions. Teddy bears are among the most popular gifts for children, and they are often given to adults to signify affection, congratulations, or sympathy.