The document details memory management in the 8086 microprocessor, highlighting the use of a 20-bit physical address to manage 1MB of memory through segmentation, which divides memory into segments including code, stack, data, and extra segments. It explains the conversion of logical addresses to physical addresses, the use of segment registers, and the structure of descriptors for memory protection and management. Additionally, it discusses paging mechanisms in protected mode, including control registers and descriptor types, emphasizing the efficiency of combining segmentation and paging in memory management.