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Types of Compass

Gyro Compass
Gyro Compass

A Gyro compass is a form of gyroscope, used widely on ships employing an electrically powered, fast-spinning gyroscope wheel and frictional forces among other factors utilizing the basic physical laws, influences of gravity and the Earth’s rotation to find the true north.

Magnetic Compass
Magnetic Compass

The magnetic compass is the most well-known of all instruments used in finding direction. It is the oldest navigational instrument and has been aiding sailors to cross the seas for many centuries.

source: sciencing.com