Yes.
Electrons always flow from the negative pole to the positive pole. In a Direct current(DC) circuit, one pole is always negative, the other pole is always positive and the electrons flow in one direction only. In an alternating Current (AC) circuit the two poles alternate between negative and positive and the direction of the electron flow continually reverses.
In DC circuits (e.g. for a battery) positive is usually marked red and negative is usually marked black, but other color schemes are very common in automotive and telecommunications systems.
In AC systems which are at no point connected to earth (unlike domestic mains wiring where the neutral is commonly earthed at substations and generators) polarity is not important as the two wires alternate polarity many times per second.
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Polarity is the direction of flow of electrons throughout a circuit. There are two types of polarity: positive and negative. Postive polarity is of older circuits which means electrons flow from positive to negative. Negative polarity is of more modern circuits and that is the flow of electrons from negative to positive such as on car batteries
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On an LED, one leg will be shorter than the other. The shorter leg is the negative polarity.
The color of the wire does not indicate its polarity. In electrical systems, the polarity is typically designated as positive (+) and negative (-) rather than plus or minus. To determine which wire is positive or negative on a lamp connection, you would need to consult the manufacturer's instructions or use a multimeter to check the voltage.
Negative * positive = negative Positive * positive = positive Negative * negative = positive