Can someone please explain to me how grounding works and what they MCAT would want me to know about it?
If you are talking about electrical "grounding,' that is a safety feature for AC electrical equipment, and its purpose is to prevent electrical shock to the users of such equipment.
AC electrical equipment (such as motors) are provided with voltage by two "leads" (at least for two phase 120V devices), one of which is the "hot" lead and the other is a "neutral" lead. The neutral lead (by convention) is a white wire, and the hot is a black wire. In 220V circuits in the USA, there are two hot leads (one black and the other red). The "ground lead" is by convention either a bare copper wire or if insulated it is green. This lead is at "ground" or "earth" potential and is connected to a "grounding" conductor somehow imbedded in the earth. You might imagine that the "neutral" lead for AC devices should be identical to a "grounding" lead, but it really isn't. To understand why, you have to know how AC transformers that supply domestic power work. For many years residential 120VAC power was supplied to US homes with two wires (one hot and the other neutral). The house electrical outlets had only two slots to deliver this power to homes. Current electrical codes require outlets with three slots: for a hot, neutral, and grounding appliance conductor. The grounding conductor is electrically connected to the appliance in such a way that if there is an electrical short circuit in the appliance, current will trip the circuit breaker or fuse and de-energize the appliance so as to prevent an electrical shock to the user.
A step up in electrical safety from this 3-wire (hot, neutral, and ground) system is the GFI system, currently required by electrical codes for outlets used in certain situations (such as in bathrooms and kitchens where there are higher risks of electrical shock from faulty appliances).