A degree in fine arts can prepare students for careers in the visual arts or the performing arts. Programs at colleges, universities, art academies and technical schools often provide an overview of fine arts before requiring students to choose a concentration.
The main characteristic of the factory system is the use of machinery, originally powered by water or steam and later by electricity. Other characteristics of the system mostly derive from the use of machinery or economies of scale, the centralization of factories, and standardization of interchangeable parts.
The two central characteristics of worker cooperatives are: 1  workers own the business and they participate in its financial success on the basis of their labor contribution to the cooperative. 2  workers have representation on and vote for the board of directors, adhering to the principle of one worker, one vote.