Potentiometer
Behind the volume control of your hi-fi lurks a pot. This consists of a horse-shoe shaped piece of resistive material
(shown in orange in the diagram) with a moveable wiper contacting it (shown in blue).
The input signal is applied between the ends of the pot. The applied potential is then spread out along the horse-shoe shape. The output is taken
between one end and the wiper. By rotating the wiper to touch the different places on the horse-shoe, we can 'tap-off' any fraction of the input voltage we want from zero
up to the full size of the input. When we turn down the volume on the hi-fi we're moving the wiper towards the low-potential end. Turning up, moves the nearer the high potential (loud!) end.