The 8085 microprocessor uses three separate busses - the address bus, data bus, and control bus - to perform operations. The 16-bit address bus allows the 8085 to access up to 64K memory locations. The 8-bit data bus transfers data between the microprocessor and memory or I/O devices in 8-bit chunks. The control bus consists of individual control signals that coordinate operations. Memory is organized into chips that are selected using address lines and chip select signals. This allows the microprocessor to access multiple memory chips within its 64K address range.