Current is the rate of flow of electrons per unit time and is measured in amperes (A). A coulomb (C) is the quantity of electricity conveyed in one second by a current of one ampere.

Resistors are used to limit voltage and/or current in a circuit and can have a fixed or variable resistance.  Variable resistors (often called potentiometers or rheostats) are used when dynamic control over the voltage/current in a circuit is needed, for example, in a light dimmer or volume control.

Voltage (V) is the electrical potential difference between two points. A voltmeter is used to measure the voltage between two points in a circuit.

As their names indicate, a step-up transformer is used to step up or increase voltage and a step-down transformer is used to step down or decrease voltage. In a step-up transformer, the secondary voltage is higher than the primary voltage and it has more turns in the secondary winding than in the primary winding.

Electrical wires have a certain amount of resistance per foot. A longer wire means more resistance and a greater voltage drop.