Why are those long planks of wood called “2 by 4s”?

What units are we measuring here? 2 what by 4 what? Regardless of what units were using the proportions seem all off. 2 by 4 seems to imply that its a rectangle where the longer side is twice the side of the shorter side, but that doesn’t describe this wood size at all. The long side is quite a big longer than twice the side of the shorter size. So I’m confused. Then there are other sizes of wood, like 2 by 6s, and I see similar issues there too.

Someone please explain what’s going on here.