GENERAL KNOWLEDGE

Detailed explanation-1: -The first cottage industries started in the U.S. and the U.K. and primarily focused on sewing, garment-making, shoe-making, small machine parts, and textiles. Oftentimes, these businesses’ staff were comprised of family members that produced finished goods by utilizing raw materials.

Detailed explanation-2: -Cottage industries form an important part of the Indian economy. Being a developing economy, cottage industries create employment opportunities and drive incomes, preserve local customs and traditions and popularise them by producing unique local products, allow flexibility to owners and workers, and so on.