The USB module can supply 1A of direct current at 5V to the breadboard. The red (+) rows of holes have a potential difference of V+=+5V, relative to the blue (-) rows of holes, the ground reference (GND) at V-=0V. Avoid 'shorting' these nodes; this may damage the module asd/or breadboard. More info on the power module can be found here.
On some breadboards, the power and ground rails are disconnected at the middle of the breadboard. To propagate power the full length of the board, connect the two halves using four yellow jumpers, as shown.
Later, you can use jumpers to bring power to the power rows on the lower breadboard, as necessary.
Select a transistor with part number 2N3904. Lets refer to this part as Q1.
IC pin numbers increase counter-clockwise when viewed from the top, with pin 1 identified by a dot at one corner of the chip and/or by a notch at same end of the chip.
Note that, in your kit, jumpers of specific lengths may have different colours from those shown in the picture.
The pin numbering scheme is the same as for the 8-pin chip and also applies to any other integrated circuits that you may encounter.
Carefully review your breadboard circuit and verify that every connection and part placement matches the layout of the accompanying picture.
The red component is a light-emitting diode (LED). The longer leg is the anode (+), the other is the cathode (-). We'll refer to it as LED1.
Always use a 270-Ω resistor R8 in series, otherwise excessive current will burn out the LED.