Induced drag is generated by the airflow circulation around the wing as it creates lift. The high pressure air beneath the wing joins the low pressure air above the wing at the trailing edge and wingtips. This causes a spiral or vortex which trails behind each wingtip whenever lift is being produced. These wingtip vortices's have the effect of deflecting the air-stream downward in the vicinity of the wing, creating an increase in down-wash. Therefore, the wing operates in an average relative wind which is inclined downward and rearward near the wing. Because the lift produced by the wing is perpendicular to the relative wind, the lift is inclined aft by the same amount. The component of lift acting in a rearward direction is induced drag.
As air pressure differential increases with an increase in angle of attack, stringer vortices's form and induced drag is increased. Since the wing usually is at a low angle of attack at high speed, and a high angle of attack at low speed, the relationship of induced drag to speed also can be plotted.
Parasite drag is caused by any aircraft surface which deflects or interferes with the smooth airflow around the airplane. Parasite drag normally is divided into three types: form drag, interference drag, and skin friction drag.
Form drag results from the turbulent wake caused by the separation of airflow from the surface of a structure. The amount of drag is related to both the size and shape of the structure which protrudes into the relative wind.
Interference drag occurs when varied currents of air over an airplane meet and interact. Placing two objects adjacent to one another may produce turbulence 50% to 200% greater than the parts tested separately. An example of interference drag is the mixing of the air over structures such as wing and tail surfaces brace struts and landing gear struts.
Skin friction drag is caused by the roughness of the airplane's surfaces. Even though these surfaces may appear smooth, under a microscope, they may be quite rough. A thin layer of air clings to these rough surfaces and creates small eddies which contribute to drag.
Each type of parasite drag varies with the speed of the airplane. The combined effect of all parasite drag varies proportionately to the square of the airspeed. For example, a particular airplane at a constant altitude has four times as much parasite frag at 160 knots as it does at 80 knots.
Check out this web site for some good information.
http://142.26.194.131/aerodynamics1/Drag/Page6.html
The greatest source for aerodynamics I believe is the AERODYNAMICS FOR NAVAL AVIATORS; ASA reprints this book and can be found at any book store, pilot shops, or on-line for less than 20 dollars.
I highly recommend this book.
Jason