As stated before, Anaconda Navigator has a tab called Environments, that when clicked will display an overview of all local environments created by the user on a local file system. You can easily create, import, clone, or remove environments, specify the preferred Python version, and install packages by version number inside such an environment. Any new environment will automatically install a number of Python packages, such as pip. From there, you are free to install more packages. These environments are the exact same virtual environments that you would create by using the virtualenv tool. You can start working with them by opening a terminal or by running Python, which opens a terminal and runs python.exe. 

Anaconda stores all environments in a separate root folder, keeping all your virtual environments in one place. Note that each environment in Anaconda Navigator is treated as a virtual environment, even the root environment.