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What is a magnet?

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Bonzo 2000 | 13:36 Tue 12th Oct 2004 | How it Works
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What turns a normal pice of iron or steel into a magnet. Can it lose its magnetism with time?
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a normal piece of iron is turn into magnet by single & double touch method.the piece may lose it magnetism if hammered or mishandled
All iron has magentic propertys what makes it a magnet is alining the molecules so that they all point in one direction increasing their strength and making it a magnet.

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