The document discusses the five basic components of a computer system:
1) The input unit controls input devices like keyboards and mice that are used to enter data into the computer.
2) The output unit refers to output devices like monitors and printers that communicate data from the computer to users.
3) The memory unit holds programs and data in volatile and non-volatile storage.
4) The control unit directs the operation of the processor by decoding instructions and controlling timing signals.
5) The arithmetic logical unit performs mathematical and logical operations using electrical signals represented as 0s and 1s.