The partial increase in the density of electons near a more electro-negative element in a chain is called inductive effect.
Local De-localisation of the loosely bond (with conjugative pi-bond) electrons or/and with unshared electrons (if in conjugation). the best eg is benzene ring. :)
inductive effect- partial displacement of sigma bonded electrons more towards more electronegative atom
resonance effect- complete displacement of pie bonded elcetrons
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