This section is from the book "Applied Science For Metal Workers", by William H. Dooley. Also available from Amazon: Applied Science For Metal Workers.
A dynamo, then, is a machine for transforming mechanical energy (which is the energy that rotates the armature) into electrical energy, and for forcing the current of electricity through the wires.
A dynamo, when in action, may be considered as a pump, which raises electricity from a low level or pressure to a high level. When the dynamo is in action the electricity flows through the circuit; when it stops the electricity ceases to flow.
 
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