Economy, asked by challa1943, 10 months ago

Difference between cottage and small scale industries

Answers

Answered by dancewithneha14
12

COTTAGE INDUSTRY

1. These industries are run by craftsmen with the help of their family members, in their home.

2. They utilise local raw materials.

3. The products are mainly for local markets.

SMALL SCALE INDUSTRY

1. These industries are the developed form of cottage industries. Thry run by a group of skilled craftsmen.

2. Raw material if not available locally, it is obtained from outside.

3. Its products are sold in the market through traders.

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