Unfortunately no, at least not in the way you're suggesting. Both of the drives would stay separate. The 1TB HDD will store a lot of data but will be quite slow (comparatively). The SSD is on the other end of the scale with a small amount of storage but high speeds. Therefore you should store the bulk of your data on the HDD (documents, music, videos etc.) and the OS, programs you use a lot and/or any games you're playing on the SSD.
To get what you're suggesting (or at least what I think you're suggesting - I'm too tired think atm
) you would need to get a 1TB SSD, which costs quite a lot to say the least.
Hope this answers your question