State the features of cottage industries



Q.4:- State the features of cottage industries.

 

Answer:-



Cottage industries are those where artistic goods are produced using manual techniques. For e.g., Handloom, Weaving etc. It is characterized by the following features
(i) Cottage industries are organized by individuals, with private resources.
(ii) Cottage industries normally use family labour and locally available talent.
(iii) The equipment used in cottage industries is simple.
(iv) Capital investment in cottage industries is small.
(v) Cottage industries produce simple products, normally in their own premises.
(vi) Cottage industries produce goods using indigenous technology.