Ham radio is certainly a fun hobby where people across the world can connect and communicate using a variety of modes, such as voice, Morse code, Slow-Scan TV, Radio Teletype, and many more. It's also a utility, especially in times of disaster relief. Many times ham radio has been the only means of communication. For example, during the major Mexican earthquake in the 1980s, the radio club I was in handled a large amount of traffic; passing messages from families in Mexico to relatives in the US and vice-versa. Ham radio is also a place for learning, research and experimentation. Sure, you can just easily put a pre-built station + antenna together, but many hams enjoy building their own equipment and antennas, or learning to use newer modes of communication. So, the answer to the question in the title is that ham radio is both of those things, but it encompasses much more than that, too.