Differentiate between acquired and inherited traits, providing an example for each.

Acquired traits are characteristics that an organism develops during its lifetime in response to environmental influences or experiences. These traits are not encoded in the organism's DNA and therefore cannot be passed on to offspring. An example is a person developing strong muscles through exercise or learning to play a musical instrument. 

Inherited traits, on the other hand, are characteristics determined by an organism's genes, which are passed down from parents to offspring. These traits are encoded in the DNA and are heritable. An example is eye color, hair color, or genetic predispositions to certain diseases.