Define Cottage Industry•
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Answer:
A cottage industry is a small-scale, decentralized manufacturing business often operated out of a home rather than a purpose-built facility. They often focus on the production of labor-intensive goods but face a significant disadvantage when competing with factory-based manufacturers that mass-produce goods.
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Explanation:
A business Or manufacturing activities carried on in people's homes are called cottage industry.
The defination of cottage industry is a manufacturing activity opereated at home.The handcrafts sold on Etsy. com are an example of a cottage industry.
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