Discribe 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. Cottage industries are defined by the amount of investment required to start, as well as the number of people employed.
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Explanation:
Cottage industries are those Industries where in the production of goods and services is done in home of the artisans and not in any factory .
Characteristics of cottage industry :
- It is carried on primary with the help of family member.
- Capital investment is very less.
- Production is done with simple tools.
- Located in the homes of the artisans.
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