Great answers, but just for completeness maybe it will be illustrative to have an example.
Suppose your $H^1$ contains some single-particle states $|a\rangle$, $|b\rangle$, etc. The Fock space removes the limitation on being a single particle, and is composed of $H^0$ (which is 1-dimensional), $H^1$, $H^2 = H \otimes H$, etc. This allows states like
- the vacuum state, let's call it the empty ket $|\rangle$,
- all single particle states, $|a\rangle, |b\rangle, \ldots$,
- all two-particle states, $|aa\rangle, |ab\rangle, |ba\rangle, \ldots$ (NB that this construction deems them distinguishable),
but most importantly
- any superposition of the above, like $\frac{e^{i\pi/4}}{\sqrt2}|\rangle + \frac12 |a\rangle - \frac12|aab\rangle\otimes\left(\frac1{\sqrt2}|a\rangle + \frac i{\sqrt2}|b\rangle\right)$.
This space is inherently infinite-dimensional even if you start with something small like a qubit. If you want to imagine the result with the help of a basis, simply concatenate the lists of the basis states of all the components:
$$\{|\rangle, |0\rangle, |1\rangle, |00\rangle, |01\rangle, |10\rangle, |11\rangle, |000\rangle, |001\rangle, \ldots\}$$
In the most trivial setting the single particle does not really have any distinct states, so $H^1$ is 1-dimensional. It still makes sense to pick a fiducial state $|{}\circ{}\rangle \in H^1$ and construct the Fock space with basis
$$\{|\rangle =: |0\rangle, |{}\circ{}\rangle =: |1\rangle, |{}\circ{}\circ{}\rangle =: |2\rangle, |{}\circ{}\circ{}\circ{}\rangle =: |3\rangle, \ldots\},$$
an example of a state might be, say, a coherent state
$$|\alpha\rangle = \sum_{n=0}^{\infty} \frac{\alpha^n}{\sqrt{e^{|\alpha|^2}n!}} |n\rangle$$
and you have a nice example of why people can speak of excitations as of "phonons" in a harmonic oscillator even though there's just a single particle oscillating!