Describe the characterstics of 'village' and 'cottage' industries?
Answers
Answer:
Village:
Village is a place where people live together as a community. A village is smaller than a city. The population of a small town / village ranges between a few hundred or a few thousand. Life of village is very cool with full of Peace; there is no noise pollution and air pollution in village.
Cottage industry:
Usually, the word cottage is use for small typical type of house or living place, mostly cottage are found in village. In some villages, some cottages are made of mud and straw. Cottage industry is a small type of industry that work on small scale and produce handmade items like beautiful handmade craft etc. This type of industry helps to facilitate the poor people to access their handmade products to market.
Characteristics of Village and cottage industries:
Village industries:
- In village or rural industry, employment has high potential resulting in the high potential of income.
- The investment cost or amount is less in machinery and plant along with the low gestation period.
- Raw materials are available at local market levels and products for mass consumer goods or handicrafts can be manufactured.
Cottage industries:
- In cottage industries, single-family members of the group of the same family members are operating business or manufacturing products or delivering services to the local community or market.
- Products are manufactured with using of simple tools and it consumes very less capital investment.
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