This document discusses key concepts in electricity including potential difference, current, voltage, resistance, Ohm's Law, direct current, alternating current, and electric power. It defines potential difference as the loss of potential energy for charges moving from high to low voltage locations. Current is defined as the flow of electric charge past a point over time. Ohm's Law states that current is directly proportional to voltage and inversely proportional to resistance in many conductors. Direct current maintains voltage polarity while alternating current switches polarity periodically.