Final answer:
A low voltage thermostat is designed for control systems with a 24-volt supply, similar to those found in typical home HVAC systems and operates based on principles of homeostasis to maintain a steady temperature.
Step-by-step explanation:
The type of thermostat used on control systems with a 24-volt supply is commonly referred to as a low voltage thermostat. These thermostats are designed to operate with standard 24V HVAC (heating, ventilation, and air conditioning) control systems found in most homes. The principle behind the operation of a thermostat is similar to how the human body maintains a constant internal temperature, a concept known as homeostasis. A low voltage thermostat can efficiently regulate the home environment, ensuring that the temperature remains steady and comfortable for the occupants.