It's a hot glue gun on a robot arm. A computer-controlled nozzle melts plastic and draws a part one thin slice at a time, from the bottom up. FDM stands for Fused Deposition Modeling: fused plastic, deposited layer by layer.
The printer never sees a 3D shape. It only follows a long list of simple commands. Click through the four steps to see how a model becomes that list.
A side view of a simple gantry printer building a vase. Change the layer height and see the trade-off: thinner layers look smoother but take far more passes.
Follow the filament from top to bottom. Colour shows temperature: blue is cold and stiff, orange is molten. Click any part (or press the button) to learn what it does.
Once these click, slicer settings stop looking like a cockpit.