Final answer:
The shortcut for renaming tracks and instruments in most DAWs (digital audio workstations) is typically Ctrl + R, which helps to efficiently manage projects by giving meaningful names to tracks.
Step-by-step explanation:
To rename tracks and instruments in most digital audio workstations (DAWs), the common shortcut is Ctrl + R. However, this may vary depending on the software you're using. To rename a track in a DAW, you'd typically click on the track to highlight it and then use the shortcut Ctrl + R to initiate the rename action. You can then type the new name and press Enter to confirm. It's worth noting that knowing these shortcuts can greatly improve your workflow when producing music or editing audio projects.