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Contraction of heart ventricles generates blood pressure. It is the hydrostatic pressure that blood exerts against he wall of a vessel. Rigid vessels maintain blood pressure; less rigid vessels deform and blood pressure is lost.
The same is true with blood pressure-if the blood pressure is getting higher and higher, the baroreceptors send signals which basically lower the blood pressure. The higher the blood pressure gets, the more signals are sent, and the lower the blood pressure gets.