Concept:
The aldol reaction involves aldehydes or ketones possessing at least one $\alpha$-hydrogen atom. Under the influence of dilute base or dilute acid, two molecules of the aldehyde/ketone combine to form a $\beta$-hydroxy aldehyde (aldol) or $\beta$-hydroxy ketone (ketol).
Step 1: Identify the mechanism of the reaction.
When the reaction goes to completion, it often proceeds in two distinct stages:
1. Nucleophilic addition of an enolate ion to a carbonyl group (forming the aldol).
2. Dehydration (loss of a water molecule) to form an $\alpha,\beta$-unsaturated carbonyl compound.
Step 2: Classify the reaction type.
While the very first step is technically a nucleophilic addition, the overall classical reaction of forming an aldol (and particularly its subsequent stable unsaturated product) involves two molecules joining together with the eventual loss of a small molecule like water. This overarching category of joining molecules accompanied by the loss of a small molecule is universally classified as a condensation reaction in organic chemistry standard nomenclature.