Memory is managed in Python in the following ways:

• Memory management in python is managed by Python private heap space. All Python objects and data structures are located in a private heap. The programmer does not have access to this private heap. The python interpreter takes care of this instead.
• The allocation of heap space for Python objects is done by Python’s memory manager. The core API gives access to some tools for the programmer to code.
• Python also has an inbuilt garbage collector, which recycles all the unused memory and so that it can be made available to the heap space.