Use app×
Join Bloom Tuition
One on One Online Tuition
JEE MAIN 2025 Foundation Course
NEET 2025 Foundation Course
CLASS 12 FOUNDATION COURSE
CLASS 10 FOUNDATION COURSE
CLASS 9 FOUNDATION COURSE
CLASS 8 FOUNDATION COURSE
0 votes
22 views
in Entrepreneurship by (37.0k points)
closed ago by

Explain the characteristics of a Cottage and Rural industry.

1 Answer

+1 vote
by (36.7k points)
selected ago by
 
Best answer

The cottage industry is an industry which is run either as whole-time or part-time occupation with full or partial help of the family members. The following are the characteristics of cottage and rural industry.

  • They are run by the members of the family (they do not employ labour)
  • They are mainly run by artisans at their homes.
  • Requires very small investment
  • They often cater to the needs of surrounding localities
  • They use the Machines very rarely.
  • Usually traditional items like mats, shoes, pottery are made in these units. Other examples are the units where khadi and handicraft products are produced.

Welcome to Sarthaks eConnect: A unique platform where students can interact with teachers/experts/students to get solutions to their queries. Students (upto class 10+2) preparing for All Government Exams, CBSE Board Exam, ICSE Board Exam, State Board Exam, JEE (Mains+Advance) and NEET can ask questions from any subject and get quick answers by subject teachers/ experts/mentors/students.

Categories

...