The document discusses the key features and functions of operating systems. It describes how operating systems allocate resources, manage devices and memory, and allow multiple programs to run simultaneously. Examples are given of some popular operating systems for microcomputers, minicomputers and mainframes. The functions of an operating system include input/output management, memory management, file management, and human-computer interfacing. Popular modern operating systems like Windows, Mac OS, Linux, and UNIX are also overviewed.