The document provides an overview of several Python standard library modules for common application building blocks: 1) Modules like getopt, optparse, and argparse can be used to parse command line arguments; readline, cmd, and shlex handle interactive programs and command line processing. 2) The ConfigParser module can be used to manage application configuration files, while the logging module provides APIs for writing log messages to files. 3) Other modules mentioned include atexit for registering shutdown functions and sched for scheduling tasks. Examples are given demonstrating basic usage of the various argument parsing, configuration, and logging modules.