Model for designing and building computers, based on the following three characteristics:
1)The computer consists of four main sub-systems:
•Memory
•ALU (Arithmetic/Logic Unit)
•Control Unit
•Input/Output System (I/O)
2)Program is stored in memory during execution.
3)Program instructions are executed sequentially.
Read more at http://en.wikipedia.org/wiki/Von_Neumann_architecture
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