what is meant by cottage or household industry?
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A cottage industry is a small-scale, decentralized manufacturing business often operated out of a home rather than a purpose-built facility. ... 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.
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A cottage industry is a small-scale, decentralized manufacturing business often operated out of a home rather than a purpose-built facility. ... 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......
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