The document describes information processing theory, which focuses on how knowledge enters and is stored in memory. It discusses the three main stages of information processing: encoding, storage, and retrieval. Encoding involves sensing information and attending to it. Storage concerns where and how long information is kept in memory. Retrieval is bringing information back from storage. The theory also describes the sensory register, short-term memory, and long-term memory. Information first enters the sensory register briefly before passing to short-term memory for around 18 seconds or long-term memory for indefinite storage. The goal of information processing is acquiring, storing, and retrieving knowledge effectively.