This document summarizes key concepts about memory from psychology research. It discusses three important distinctions made in memory research: 1) the three stages of memory - encoding, storage, and retrieval, 2) three memory stores that differ in time span - sensory memory (milliseconds), working memory (seconds), and long-term memory (minutes to years), and 3) different memory systems for different types of information, such as explicit vs implicit memory. It provides examples of studies supporting these distinctions and indicates memory can fail at any stage of encoding, storage or retrieval.