Question

Write a short note on ‘Rural Market in Cottage Industry’

Answer 1

Rural Market in Cottage Industry is a Small Scale decentralized manufacturing bussiness often operated out o f Home rather than a purpose built facilities.

They often focus on the production of labour intensive goods but face a significant disadvantage when competing with factory based manufacturer that mass produce goods.

Answer 2

A cottage industry is a small-scale, decentralized manufacturing business often operated out of a home rather than a purpose-built facility.
Cottage industry are defined by the amount of investment required to start, as well as the number of people employed.
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.