1) Rusting is the corrosion of iron caused by a reaction with oxygen and moisture in the air. 2) The rusting process is electrochemical, where iron acts as the anode and is oxidized, releasing electrons, while oxygen is reduced at the cathode. 3) Factors that affect rusting include moisture content, the purity and type of metal, amount of impurities, and presence of electrolytes that allow conduction of ions involved in the corrosion reaction.