Write a note on cottage Industries.
TNSCERT Class 10 Economics Ch 2 Indian Economy After Independence
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A cottage industry is industry of primarily manufacturing in which many producers work for producing goods. The term refer to home workers who are engaged in task like sewing, lace-making, wall hangings, or household manufacturing. It includes hand work.
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Cottage industry refers to an informal and unorganized small scale industry that's engaged in manufacturing goods at home with the help of family members( as labourers). The machines used are the ones used at home.
In a country where unemployment is widespread, this helps in generating income for some of the unemployed class without much investment. Examples: Handcrafted products made at home and sold in the market, basket weaving, etc.
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