Conductors are elements that allow electrons to flow freely. Their valence shell is less than half full of electrons that are able to move easily from one atom to another.

Circuits containing transistors are packaged into integrated circuit chips that allow encapsulating complex circuit designs (CPU, memory, I/O) for easier integration into electronic devices and machines.

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.

A thermocouple is a temperature sensor that consists of two wires made from different conductors. The junction of these two wires produces a voltage based on the temperature difference between them.

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.