Accountancy, asked by bansalvarun9933, 1 year ago

State whether the following is true or false. Cottage industry employ labour from outside.

Answers

Answered by rutujarshirke
3

It is true

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. 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.


Answered by deepikabijalwan13
1

Answer:

True

Explanation:

its true it is a ans

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