The grounded conductor and the grounding conductor are one and the same conductor and perform the same function.

Grounded  used to carry the current in the normal conditions. while on the other side grounding is refer to that safety wire that is connected to the earth and currently does not transmit through it.

As grounding wire is referred to as safety wire hence it carries current only in an emergency like a short circuit.

Explanation:

A grounded conductor is referred to as one of the wire that needed in an electric circuit. it is basically a neutral conductor.  It used to carry the current in the normal conditions. while on the other side grounding is refer to that safety wire that is connected to the earth and currently does not transmit through it.

As grounding wire is referred to as safety wire hence it carries current only in an emergency like a short circuit.