The larger the inductor, the more flux it can store for each amp
going through it
If it has a current going through it, and you disconnect it from
the circuit, it makes a spark. Another way of saying this is that it
dumps its energy into an open circuit.
Can be used to smooth out current
Capacitors
Stores charge in an electric field
Has a voltage across it
The larger the capacitor, the more charge it can store for each volt
across it
If it is storing a charge, and you put a wire across it, it makes a
spark. Another way of saying this is that it dumps its energy into
a short circuit.