Electricity and magnetism are closely related phenomena, as demonstrated by Maxwell's equations, which show that a moving charge generates a magnetic field and a moving magnet induces an electric current. They are not inverses of each other but rather different manifestations of the same underlying principles, depending on the observer's reference frame. Both electric and magnetic effects can yield identical results when analyzed mathematically, highlighting their interdependence. The discussion emphasizes the semantic differences in perception rather than a fundamental distinction in their nature. Understanding this relationship is crucial for grasping the principles of electromagnetism.