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A generator is an electrical machine which converts mechanical form of energy into electrical form. Generator works on the principle that whenever a conductor moves in a magnetic field, an emf gets induced in the conductor. This principle is called as generator action.
When used in business practices, technology can ensure the competitiveness of companies and other companies. But the cost of achieving, inventing or using technology, called intellectual property, is very high. Therefore, many societies, such as the United States, Europe, and Taiwan, would give the government protection from this investment, through the granting of patent, exclusive rights. This protection enables companies to invest in technical costs that can be recycled, thus encouraging innovation. But there is another point, too, that patent overprotection can hamper innovation.
You can ride around traffic jams and present filling stations the cold shoulder when you ride an electric power assist bicycle to be effective after which pedal home for exercise. To charge a power assist bicycle cost about ten cents. That charge is going to take you as much as 20 miles. That's like paying ten cents per gallon for gas. If we ever have gas shortages, such as the seventies throughout the Arab oil embargo, your power assist bicycle will give you the best way to get around.
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