Creep And Fatigue are the phenomenon that lead to deformation and eventually failure of

Components.
Fatigue is a situation in which component is subjected to cyclic loading. Yield stress and
ultimate stress of material are drastically reduced during fatigue. 90 percent of machine
components fail due to fatigue.For Example It is difficult to break a wire by stretching but if
we apply a cyclic load and bend unbend the wire a number of times it breaks easily.
Creep is a situation in which a component experiences deformation with time as it is put into
use. Best example to illustrate this is that electrical cables are taught(tight) when they are
installed but after some time they experience sagging due to self weight.

Moment of Inertia is often refereed as mass moment of inertia or the angular mass. It is
the measure of an object's resistance against the angular acceleration. ... On the other
hand, Polar Moment of Inertia is a measure of a body's ability to resistance against the
torsion when torque is being applied.

The thing that differentiates them is the axis about which they act. The bending moment
tries to bend the beam about the axis, about which it is acting. The torque or twisting
moment acts on the cross section of the beam. It tends to twist the cross section of beam.