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Why cottage industries exist?

Updated: 9/19/2023
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13y ago

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cottage industries exist because without them people would not get to eat cottage

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What are the characteristics of cottage industries?

characteristics of cottage industries


Describe two features of cottage industries?

Economy an business


Is an advanced market economy more likely to depend most on commercial industries or cottage industries?

It will depend on commercial industries. Because they need their products manufactured more quickly.


What are the examples for cottage industries in India?

Spinning thread was an important cottage industry at one time, and it is from this that the word spinster comes. Weaving is another example. There is a link below.


What are the advantages of cottage industry?

Eventhough in the present fully industrialized and globalized world, mostly charecterised by the competition of marketing, one may wonder regarding any advantage of a cottage industry. But in short, i shall brief some merits and advantages of such cottage industries: 1. The reason for the growth of cottage industries in the 18th Century before the industrial revolution still remains - people having no farm or agricultural land. Such people can involve in cottage industries even now and find their livelihood in an easily manner if the authorities take care of the supply of raw materials and the marketing of finished products. 2. The cottage industries do not require large capitals to start and the maintainance of such system is also low cost. Most of the works are done by the family members by hand and the production cost also would be less; but the volume of production would be very less. 3. The manual skills of elder generations can be utilized; there by reducing the idle manhours of the society. 4. General self sufficiency of the microsocieties can be guaranteed, especially for countries based on village life. For a country like India where most majority of village people cant take part in the result and the merits of Industrial revolution, the small scale cottage industries can be an alternative for big industries and assuring wealth production. 5. The self pride of the village people can be raised and thereby increasing their role in the empowerment of the whole nation.

Related questions

What are the characteristics of cottage industries?

characteristics of cottage industries


What are some types of cottage industry?

in the Bahamas one of are cottage industries is making straw bags cottage industries is the same thing as traditionall industries


When was Cottage Industries Exposition Limited created?

Cottage Industries Exposition Limited was created in 1978.


What are merits and demerits of cottage industries?

what are the disadvantages of cottage industry


Did cottage industries replace textile industries after the industrial revolution?

no


Are Cottage Industries and Commercial Industries Similar?

yes.They are similar


Difference between cottage industries and small industries?

Cottage industries are usually small units run at homes.When a cottage industry starts expanding,and begins to employ labourers with the increased used of machines and powers,it becomes small scale industry.


What was an example of a cottage industry?

as industry run with the help of family members, or less number of workers, with less power consumption, with minimum investment, which run from house of the producer is called cottage industries. Casting of ferrous & non ferrous metals comes under cottage industries.


Where are Small scale and cottage industries in sikkim?

gangtok


How do you use the word cottage industry in a sentence?

my grandpa used to work for cottage industries back then in the industrial revolution .


Describe two features of cottage industries?

Economy an business


Who were the first families to become involved in cottage industries?

Rural families were some of the first to become involved in the cottage industry.