Stranded vs. Solid Wire
This one is a bit of a mind-boggler, but it's important. When electricity flows through a wire, it mostly flows on the surface of the wire, not through the middle. This effect is more pronounced on high frequency AC than it is on DC or low frequency AC. This means that a "wire" of a given size that made up of many smaller strands can carry more power than a solid wire - simply because the stranded wire has more surface area. This is one reason why battery cables in your car and welding cables are made up of many very fine strands of smaller wire - it allows them to safely carry more power with less of that power being dissipated as heat. However, this "skin" effect is not as pronounced in a typical 12V DC automotive application, and the wire and cable used there is stranded for flexibility reasons.