Economy, asked by ajitrajkumar8, 10 months ago

what is cottage and small scale industries?​

Answers

Answered by manishthakur100
2

Answer:

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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Answered by bhuvna789456
4

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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