In your local system temporarily you can make any directory as localhost web server root directory. If you have some static web application or static pages and you want to test. One option is you copy that web application folder in your localhost root directory then browse that directory through localhost. Another thing you can do is make that directory as web server root directory temporarily. You can do this in two ways one with PHP build in server and another with python. For PHP you should have php 5.4 or higher.
With PHP
php -S localhost:<port number>
Here -S tell php to start builtin server
example :
php -S localhost:9000
Now the current directory in which you run this command will become the web server root directory and web server will listen at 9000 port.
With Python:
python -m SimpleHTTPServer 9000
here -m tell python to import SimpleHTTPServer module.
Now the current directory in which you run this command will become the web server root directory and web server will listen at 9000 port.
Of course another way to do this is changing the configuration in apache’s httpd.conf file.
I think Ruby also provide builtin server for development, i am not aware about that. Please leave in comments if you know some another languages also provide builtin server.