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A signal light that is not working.
Stop light is another name for a traffic signal.
On a vertical display traffic signal the green light is on the bottom. On a horizontal display traffic signal it is to the right, but may depend on that state (or municipality's) practice.
Railway signal
You must stop
The light reduces the chance of an accident, causing the traffic congestion to go down the most during rush hour.
Amber in the traffic signal means caution. Generally, it is best to stop on an amber light.
The lowest light on a traffic signal is green. Some cities use traffic lights that are not arranges top to bottom but rather side to side. In this event the green light is usually the furthest to the right.
Prepare to stop
A traffic signal displaying a steady circular yellow light means that you should use caution when going through the intersection. You have the right away, but watch for other cars.
The traffic light as we know it today was invented by Garrett Augustus Morgan, the son of former slaves. Before that there was a gas lantern signal light in England, but that was before automobiles. There was a railroad light version later, but it wasn't like our modern version. If you didn't mean "traffic light" then i don't know.
red light has a longer wavelength so it does not get scattered easily and can cover a long distance thus reaching a far observer in case of a traffic signal or as a danger signal.