The document discusses multi-threading in Java. It defines a thread as a portion of a program that can run independently and concurrently with other portions. Multi-threading allows a program to manage multiple tasks simultaneously. The document outlines thread states like new, runnable, waiting, timed waiting, blocked, and dead. It also discusses advantages like easier programming and better performance, and disadvantages like potential deadlocks. Finally, it explains two ways to create new threads by extending the Thread class or implementing the Runnable interface.