The document discusses stacks as a last in, first out (LIFO) data structure, outlining their advantages, basic operations, and usage in applications like undo/redo features and string reversal. It includes implementation examples, coding explanations for push and pop functions, and applications of stacks in converting decimal to binary, as well as infix to postfix notation. Additionally, it touches on the Towers of Hanoi problem as a stack-based application.