Huummm... I would say yes, but the question is a little “vague”, so for all the seventh graders, the tougher than a twelve year old sentient, each one teach one.
Consider instead a sphere, rather than a circle, the field is a three dimensional construct, generated by the magnet. You can easily observe this effect with a simple experiment, think of a watermelon with a seed in the middle (represents magnet) if you cut through the melon, your cut might appear as circle, if you cut at an angle it will appear oval. The experiment for you, take a piece of glass or paper (represents cutting plane), support in some type of “frame”, place magnet under, dust ferrous material on glass or paper, then tap the surface like a drum (vibration supplies energy needed for “sorting”, which will reflect magnetic fields).
If you do that, you will see layered fields much like the figure above, change the position and orientation of magnet, and try again, you should find some interesting things (this is where Maxwell comes in) Now the question was “perpetual energy”, by classical physics answered No (thermodynamics, you lose and generate heat all the time, think friction)
Now, consider that whenever a “ring” of conductive metallic composite is brought in existence, it, on its “own”, is generating a current or electron movement, very very small, but still an effect... I will leave that explanation for those trying to achieve alphabet soup behind their names,by agreeing with the new democratic forms of “science”.
I guess what I'm saying, is there are those whom might tell you “Maxwell” needs to be worked on, probably by seventh graders asking questions. I suggest a little google work “ Thom Bearden, cheniere” maybe you will be able to gather a bit more insight on fields
The question was good , just needs a little tuning, somebody should have suggested the induction of “circular magnet fields with rotation” being the bases of a practically all electrical power generation. I mean “nuclear plants” only boil water for steam to turn a magnet.
Thank goodness this Kid didn't ask how to account of a Pyroclastic observance, using only mass and gravity... Excuse me, I'm going to light my head on fire and beat it out with a sedge hammer now.
