STEP-BY-STEP ANSWER:
Step 1: Identify hormone composition β peptide hormones are made of amino acids while steroid hormones are derived from cholesterol.
Step 2: Determine receptor interaction β peptide hormones bind to cell surface receptors triggering second messenger systems, whereas steroid hormones enter the cell and interact directly with intracellular receptors.
Step 3: Consider the duration of their effects β peptide hormones tend to have rapid, short-term actions versus the slower, prolonged effects of steroid hormones.
Final Answer: Peptide hormones act on cell surface receptors causing immediate but short-lived responses, while steroid hormones enter cells to enact changes at the genomic level leading to longer-lasting effects.