The document discusses graded potentials and action potentials. It defines graded potentials as subthreshold electrical stimuli that generate local, non-propagated electrical signals. Graded potentials include receptor, synaptic, and pacemaker potentials. Action potentials are full depolarizations of the membrane that propagate as nerve impulses. The stages of an action potential are resting, depolarization, and repolarization. Properties include refractory periods and types include sensory and motor neurons.