Power is the rate at which work is done, P = w/t, or work per unit time. The watt (W) is the unit for power and is equal to 1 joule (or newton-meter) per second. Horsepower (hp) is another familiar unit of power used primarily for rating internal combustion engines. 1 hp equals 746 watts.

Mass is an intrinsic property of matter and does not vary. Weight is the force exerted on the mass of an object due to gravity and a specific case of Newton's Second Law of Motion. Replace force with weight and acceleration with acceleration due to gravity on Earth (g) and the result is the formula for weight: W = mg or, substituting for g, weight equals mass multiplied by 9.8 m/s².

Tension is a force that stretches or elongates something. When a cable or rope is used to pull an object, for example, it stretches internally as it accepts the weight that it's moving. Although tension is often treated as applying equally to all parts of a material, it's greater at the places where the material is under the most stress.

A third-class lever is used to increase distance traveled by an object in the same direction as the force applied. The fulcrum is at one end of the lever, the object at the other, and the force is applied between them. This lever does not impart a mechanical advantage as the effort force must be greater than the load but does impart extra speed to the load. Examples of third-class levers are shovels and tweezers.

If you apply the resistance to the axle and the effort to the wheel, the wheel and axle will multiply force and if you apply the resistance to the wheel and the effort to the axle, it will multiply speed.