Finally, we come to the important topic of memory management in Python. Python has its own garbage collector, but it is designed only to solve the issue of cyclic references in the reference counting algorithm. Reference counting is the primary method of managing the deallocation of objects that are no longer needed.
The Python/C API documentation introduces ownership of references to explain how it deals with the deallocation of objects. Objects in Python are never owned and they are always shared. The actual creation of objects is managed by Python's memory manager. It is the component of CPython interpreter that is the only one responsible for allocating and deallocating memory for objects that are stored in a private ...