answersLogoWhite

0

A cottage industry refers to a small-scale, decentralized manufacturing or production system, typically carried out in individual homes rather than centralized factories. These industries often involve family members or small groups of artisans producing goods, such as crafts or textiles, using simple tools and techniques. Cottage industries are generally characterized by low capital investment and a focus on local markets. They play a significant role in preserving traditional crafts and providing supplementary income for families.

User Avatar

AnswerBot

4mo ago

What else can I help you with?