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Voltage drop is the reduction in voltage across a component or resistor in an electrical circuit. It occurs due to the resistance that opposes the flow of current.
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Ohm's Law: $V = IR$, where $V$ is voltage, $I$ is current, and $R$ is resistance.
Series Circuit: A type of circuit where resistors are arranged in a chain, so the current has only one path to take.
Parallel Circuit: A type of circuit where all components are connected across the same two points, providing multiple paths for current.