Example Concept: The CLR's garbage collector is designed to handle managed code by dividing memory into three generations (0, 1, and 2) to optimize for short-lived and long-lived objects. It uses a compacting algorithm to reduce fragmentation and improve allocation speed. The JVM, on the other hand, offers various garbage collection algorithms, like G1, which divides the heap into regions to manage memory more flexibly and efficiently, allowing for concurrent garbage collection and reducing pause times.