I'm trying to understand a phenomenon covered in several resources that I think I'm struggling with due to my lack of understanding of its meaning.
The idea is that 2 spin 1/2 particles can combine to form 4 spin states. These are broken down into the following prescriptions:
$$|1,1\rangle = |\frac{1}{2},\frac{1}{2}\rangle|\frac{1}{2},\frac{1}{2}\rangle$$
$$|1,0\rangle = \sqrt{\frac{1}{2}}(|\frac{1}{2},\frac{1}{2}\rangle|\frac{1}{2},\frac{-1}{2}\rangle+|\frac{1}{2},\frac{-1}{2}\rangle|\frac{1}{2},\frac{1}{2}\rangle)$$
$$|1,-1\rangle = |\frac{1}{2},\frac{-1}{2}\rangle|\frac{1}{2},\frac{-1}{2}\rangle$$
$$|0,0\rangle = \sqrt{\frac{1}{2}}(|\frac{1}{2},\frac{1}{2}\rangle|\frac{1}{2},\frac{-1}{2}\rangle-|\frac{1}{2},\frac{-1}{2}\rangle|\frac{1}{2},\frac{1}{2}\rangle).$$
My understanding is that each of the $$|s,m\rangle$$ states refers to a particle. In this case, $s = 1/2$ and $m = 1/2$ or $-1/2$ referring to spin up or spin down respectively.
These individual states then form a system which has an overall spin of 1 or 0 and another quantity which I think is the projection of the spin onto the $z$-axis but I'm not really sure as to the meaning/importance of this.
By this understanding, I read the above as you can get the first state as a combination of 2 spin up spin 1/2 particles and the third state as a combination of 2 spin down spin 1/2 particles.
I'm a little bit more confused by the others though. Is this 4 particles in the state or just a statement that it could be up/down or down/up with 50/50 odds. If so, what is the difference between these? Also, where does the root 1/2 come from? I assume some normalisation thing but can't see the exact reasoning.
Sorry, I appreciate that this is a big question. I just essentially want a breakdown of what $s$ and $m$ are, what the 4 statements physically represent and how the total state is derived from the individual states/vice versa.