The document discusses stacks, which are linear data structures that follow the LIFO (last in first out) principle. Elements are inserted and deleted from one end called the top. The two main operations on a stack are push, which inserts an element, and pop, which deletes the top element. When pushing a new element, the stack must check for overflow if the top is already at maximum capacity. When popping an element, underflow occurs if trying to pop from an empty stack.