What is the difference between inductive effect and resonance effect?

(N/A) The inductive effect involves the permanent displacement of shared electron pairs along a carbon chain due to the difference in electronegativity between atoms,resulting in bond polarity.
In contrast,the resonance effect involves the delocalization of $\pi$ electrons or lone pairs across a conjugated system,which is a theoretical model used to describe the stability and electronic distribution of molecules that cannot be represented by a single Lewis structure.