WORLD HISTORY

Detailed explanation-1: -What Is a Cottage Industry? A cottage industry is a small manufacturing business that is owned and operated by an individual or a family, typically operating out of a home rather than a purpose-built facility. Cottage industries are defined by the small amount of investment that is required to start one.

Detailed explanation-2: -A cottage industry, by definition, is a mode of production in which goods and services are produced in small quantities at home rather than on a big scale in a factory.

Detailed explanation-3: -Cottage industries: These are also known as household industries and are organised by individuals with private resources and with the help of household members. They use locally available resources and skills. For example, carpet weaving, handloom and handicrafts industry, etc.

Detailed explanation-4: -The main cottage industries in India are cotton weaving, carpet weaving, silk weaving, the leather industry, metal handicrafts, and small-scale food processing. Cotton Weaving: Cotton weaving is a significant cottage industry in India.

Detailed explanation-5: -The cottage industry refers to small manufacturing units producing goods and services using conventional and low-technology methods. An example of the cottage industry is the locally produced handicrafts and textiles, which are still the backbone of many rural economies around the globe.

Detailed explanation-6: -Hint: Cottage or family industries are a kind of small scale enterprise where the merchandise is manufactured through hand, by way of the artisans. Large scale industries make massive investments and use current technological know-how in their manufacturing process.