what are the differences between a small-scale industry and a cottage industry?
Answers
Explanation:
The location of cottage industries is restricted in villages whereas the small scale industries are mostly located in urban and semi-urban areas. (ii) Cottage industry being a household industry is mostly run by the members of the family and therefore do not maintain hired labourers.
(I). Cottage industries are producing goods for meeting local requirements whereas small industries are producing goods to meet the demand for the people living in a wider area.
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(ii) Cottage industry being a household industry is mostly run by the members of the family and therefore do not maintain hired labourers. But the small industries are mostly run by hired labourers.
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(iii) Cottage industries are producing goods for meeting local requirements whereas small industries are producing goods to meet the demand for the people living in a wider area.