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Yes, like other general purpose programming languages(Java, C++. C#, Ruby), Python is also an object-oriented language. It allows us to design programs using classes and objects.

The object is related to real-word entities such as book, house, pencil, etc. The OOP’s concept focuses on writing the reusable code.

Additional information

Object Oriented Programming (OOP) - In order for a programming language to be object-oriented, it should have a mechanism to enable working with classes and objects.

Class - The class can be defined as a collection of objects. It is a logical entity that has some specific attributes and methods.

Object - Everything in Python is an object. When we define a class, it needs to create an object to allocate the memory.

References

Python oops concepts

Principles of Object Oriented Programming