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How would you describe a cottage industry?

Updated: 8/22/2023
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EncofBizandFinance

Lvl 1
13y ago

Best Answer

In Great Britain, before the Industrial Revolution, and the appearance of huge cotton mills, there was something known as a cottage industry. Most families tried to suppliment the family income from farmwork, by dying wool, weaving cloth on small looms, often sited in an upper room of the family home, and selling their work at local markets. Hand knitting was also a cottage industry in some areas. On the coming of the Industrial Revolution, the draw of higher wages in factories, sounded the death knell on most of the cottage industries (whom couldn't compete on sale prices with the big mills), and many agricultural workers moved into the cities.

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Wiki User

9y ago
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12y ago

Two features of a cottage industry are

1-it is a family owned and opperated business

2-there is minimum capital required therefore less income and input

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Wiki User

12y ago

A cottage industry is when a family has to spin wool into cloth in there own house.

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Wiki User

16y ago

Businesses that produce products or services at home

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Wiki User

13y ago

This term is also used today to refer to goods or services that are produced at home.

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