Answer:
1. A physical change is reversible, a chemical change is not. For example, the freezing of water would be a physical change because it can be reversed, whereas the burning of wood is a chemical change - you can't 'unburn' it
2. A physical change is a change in which no new substance is formed; a chemical change results in the formation of one or more new substances. Again, consider the previous examples: Freezing water into ice just results in water molecules which are 'stuck' together - it's still H2O. Whereas burning wood results in ash, carbon dioxide, etc, all new substances which weren't there when you started.