Business Studies, asked by PragyaTbia, 1 year ago

Cottage industries are established only in rural areas. (State with reason whether the given statement is true or false)

Answers

Answered by sariklari
0
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Answered by Arslankincsem
0

Cottage industry is a sector which is unorganized.

They are under the category of small scale industry.

Usually, they are located in rural areas in countrysides where underemployment and unemployment are huge.

They are formed out of a need and as it grows it here is people working for the industry.

They use hands in operations and are formed in households.

Spices industry is an example of a rural-based cottage industry in India.

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