Valuable responses have been provided but the word DC has not been mentioned. Which provides opportunity to present a historical slant especially on the the Park transformation which is arguably by far the single most important concept needed for an understanding of high-performance vector-controlled
AC drives. The Park transformation was first conceptualized in a 1929 paper authored by Robert Park. Park's paper was recently ranked 2nd most important paper ever written in 20th century in terms of power engineering impact. The novelty of Park's work was in his ability to transform any related machine's linear differential equation set from one with time varying coefficients to another set with time invariant coefficients. Most importantly, through the Park transformation, a vector-controlled AC drive allows a three-phase induction motor to behavior like a separated-excited DC motor with torque control decoupled from flux control.