The different objects that make up a circuit are called components. A circuit must have a power source, such as a battery, and the current flows through a conductor, such as a wire.
An element is defined as a pure substance that is not chemically combined with any other elements. An element comprises of mainly the sane type of atoms.
While a compound is a substance that consists of two or more elements which are chemically combined together. This is the main difference between an element and a compound.