what is cottage and small scale industries?
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Cottage or Small Scale Industries are those Industries which are developed in Domestic Country by Citizens of that Country.
Cottage Industries are promoted by Government because it promotes GDP growth and It keeps domestic Currency in the country itself..
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Cottage and small scale industries
Explanation :
Cottage and small scale industries
Explanation :
- A Cottage Industry is industry which carries all its operations with the help of family members.
- It may be whole or part time occupation.
- A Small Scale Industry is the one which is operated mainly with hired labours.
- The labours may range from 10 to 50 employees.
- These are very important for our economy because of their total contribution to industrial outputs.
- Examples- Cottage Industry- Etsy.com- sells handicraft products
- Examples-Small scale Industry-Napkins, tissues, chocolates, toothpick etc
To know more about Cottage and small scale Industry, visit :
Difference between a small scale industry and cottage industry
https://brainly.in/question/7982008
State the need of establishing cottage and small scale industries on local level - https://brainly.in/question/12441523
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