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.
In economics, the CobbâDouglas production function is a particular functional form of the production function, widely used to represent the technological relationship between the amounts of two or more inputs, particularly physical capital and labor, and the amount of output that can be produced by those inputs.