A load is a source of resistance that converts electrical energy into another form of energy. The components of a microwave, for example, are loads that work together to convert household electricity into radation that can be used to quickly cook food.

Capacitors store electricity and are used in circuits as temporary batteries. Capacitors are charged by DC current (AC current passes through a capacitor) and that stored charge can later be dissipated into the circuit as needed. Capacitors are often used to maintain power within a system when it is disconnected from its primary power source or to smooth out or filter voltage within a circuit.

Inductance is a property of an AC circuit (or a component in an AC circuit) that quantifies resistance to changes in current. The current in an AC circuit is continuously changing and inductive reactance (the opposition to change) depends both on the inductance of the circuit or component and the rate at which the current is changing.

All conductors have resistance and the amount of resistance varies with the element.  But, resistance isn't the only consideration when choosing a conductor as the most highly conductive elements like silver and gold are also more expensive and more brittle than slightly less conductive elements like copper. A balance needs to be struck between the electrical qualities of a material and its cost and durability.

The transistor is the foundation of modern electronic devices. It is made entirely from semiconductor material (making it a solid state device) and can serve many different functions in a circuit including acting as a switch, amplifier, or current regulator. A transistor works by allowing a small amount of current applied at the base to control general current flow from collector to emitter through the transistor.