I'm not talking about European vs North American circuits, I'm talking about 120v 60hz vs 240v 60hz. In the U.S, we have split phase where from the transformer on the pole, it has two out of phase wires coming into the house. Then, if you design your house properly, half the hot wires are one phase and the other half are another phase.
In the case of the oven, stove, and dryer, it takes BOTH "phases" of wire. The wires in most households on 15-20a breakers are around 12-14AWG, so it's better to have two 12awg wires than one 12awg. For my stove and oven, they're on 40a breakers, and it just so happens that they're at 240V. Because they're only DOUBLE the amperage of your regular household outlet and they're running twice the voltage, they can safely use the same sized wire as what goes into your outlets you see scattered around your house because there are more wires running into the circuit. If you run a 40a circuit and only put 10a of electricity through it, it's definitely going to have less resistive losses than a 20a circuit with 10a of electricity going through it. Can't think of a scenario like this? I can!
Most Microwaves here are 120v, which means its on either a 15a or 20a circuit. A high powered Microwave may use up all the power in the circuit, technically up to 12a on a 15a circuit. However, most Microwaves you see are around 1200watts and so they only use 10a of Electricity. Alright, so what about using only 10a on a 40a circuit? Well, generally if a Microwave would suffice for the job of cooking, so would a single burner. Using 1 burner on a stove is probably going to also use around 10a of electricity.
So now the question is, are the resistive losses in energy going through your house to power your devices going to exceed the losses in energy transfer from the resistive heating elements to whatever the hell you're cooking?
That is the question this thread was all about. Unfortunately, the answer for most people is "I don't give a shit, all I care about is being as wasteful as possible whilst spending the least amount of money".