The document discusses the components and architecture of a microprocessor-based personal computer (PC) system. It describes the three main components as the microprocessor, memory, and input/output devices. The microprocessor acts as the central processing unit that controls data transfer between memory and I/O via address, data, and control buses. Memory is divided into transient program area for active programs and system area for firmware. The document provides diagrams of memory maps and addresses to illustrate how the PC system is organized and functions.