which of the following things is correct in case of small and cottage industries
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While companies operating in cottage industries may remain small, they still have to compete with other firms, whether other cottage industries or larger-scale companies. This requires them to employ new technologies that will improve efficiency and productivity.
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The things that are correct in the case of small and cottage industries are as follows.
- The cottage industries are small-scale home-based industries that rely on human or animal-propelled skills and technology.
- The small-scale industries use manual labor and do not use big heavy technology that is introduced in the world.
- The manufacturing or providing scales, productions, are micro and small scale.
- The small-scale industries include Smithy, Carpentry, Weaving, Pottery, Carving, Textiles, and more.
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