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.

Fuses are thin wires that melt when the current in a circuit exceeds a preset amount. They help prevent short circuits from damaging circuit components when an unusually large current is applied to the circuit, either through component failure or spikes in applied voltage.

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 series circuit has only one path for current to flow. In a series circuit, current (I) is the same throughout the circuit and is equal to the total voltage (V) applied to the circuit divided by the total resistance (R) of the loads in the circuit. The sum of the voltage drops across each resistor in the circuit will equal the total voltage applied to the circuit.

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.