All conductors have resistance and the amount of resistance varies with the element. In general, metals make the best conductors of electricity and non-metals make the worst conductors of electricity.

A schematic is the proper name for a drawing of an electric or electronic circuit.

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.

Circuits are not limited to only series or only parallel configurations. Most circuits contain a mix of series and parallel segments. A good example is a household circuit breaker. Electrical outlets in each section of the house are wired in parallel with the circuit breaker for that section wired in series making it easy to cut off electricity to the parallel parts of the circuit when needed.

A closed circuit is a complete loop or path that electricity follows. It consists of a source of voltage, a load, and connective conductors. If the circuit is interrupted, if a wire is disconnected or cut for example, it becomes an open circuit and no electricity will flow.