What is the difference between tensile strength and yield strength, and how do they affect the overall performance of a material?

Tensile strength is the maximum stress a material can withstand before breaking, while yield strength is the stress at which a material begins to deform permanently. Tensile strength measures a material's ability to resist breaking, while yield strength indicates its ability to withstand deformation. Both properties are important in determining the overall performance and durability of a material in various applications.