The document discusses stacks, which are linear data structures that follow the LIFO (last in, first out) principle. Elements are inserted and removed from only one end, called the top. Common stack operations are PUSH, which inserts an element at the top, and POP, which removes the top element. Stacks can be implemented using arrays or linked lists. Stacks have applications in recursion, expression evaluation, and showing operator precedence. Recursion uses stacks to call nested functions, with stack frames allowing data to come out in the correct order as frames are popped.