Some materials have a feature known as ferromagnetism. The prefix "ferro" refers to Iron, which is one such material. Ferromagnetic materials have the ability to "remember" the magnetic fields they have been subjected to. An atom consists of a number of negatively charged electrons, orbiting around a positively charged nucleus. These electrons also possess a quantity known as spin, which is roughly analogous to a spinning top. The combination of orbital and spin motions is called the angular momentum of the electron. Angular momentum is perhaps most easily understood in the case of the Earth: The earth spins about a central axis, which means it at has an angular momentum around that axis. The planets also have an angular momentum as they revolve about the sun.
Now, the angular momentum of an electron is a vector quantity, meaning it has direction. The motion of the electron produces a current, which in turn generates a tiny magnetic field in the direction given by the angular momentum. Thus an atom can behave like a dipole, meaning "two poles". The direction of the orbital and spin angular momentum of the electron determine the direction of the magnetic field for the electron and the entire atom, thus giving it "north" and "south" poles. Different atoms have different arrangements of electrons into their orbits, and thus have different angular momenta and dipolar properties.
A ferromagnetic material is composed of many microscopic magnets known as domains. Each domain is a region of the magnet, consisting of numerous atomic dipoles, all pointing in the same direction. A strong magnetic field will align the domains of a ferromagnet, or in other words, magnetize it. Once the magnetic field is removed, the domains will remain aligned, resulting in a permanent magnet. This effect is known as hysteresis.
Few materials are actually ferromagnetic; however, all substances have a diamagnetic nature. Diamagnetism means that the molecules within...
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