what is meant by cottage industry? Related: Key Concepts- The Age of ...
"¶¶Cottage or household industries are a type of small scale industries in which the products are manufactured manually by the artisans.
Basket weaving, pottery and other handicrafts are examples of the cottage industry. ¶¶
what is meant by cottage industry? Related: Key Concepts- The Age of ...
Cottage Industry:
Cottage industry refers to a small-scale manufacturing or production system, typically operated by individuals or families in their homes or small workshops. It is a traditional form of industry where the production process takes place within the household premises using simple tools and equipment. The term "cottage industry" originated in the 19th century during the Industrial Revolution when large-scale industries began to emerge.
Key Concepts - The Age of Industrialisation:
1. Industrial Revolution:
- The Age of Industrialisation refers to the period marked by the Industrial Revolution, which started in Great Britain in the late 18th century and spread to other parts of Europe and North America.
- It was a significant shift from agrarian and handicraft-based economies to machine-based manufacturing and mass production.
2. Growth of Factories:
- The Industrial Revolution led to the establishment of large-scale factories, which replaced the traditional cottage industry.
- Factories were equipped with advanced machinery and employed a large number of workers, resulting in increased production and efficiency.
3. Urbanization:
- The growth of factories and industries led to a massive influx of people from rural areas to urban centers, resulting in rapid urbanization.
- People moved to cities in search of employment opportunities in factories and industries.
4. Division of Labor:
- The division of labor became a prominent feature in the age of industrialization.
- Workers were assigned specific tasks, leading to increased efficiency and productivity in the production process.
5. Technological Advancements:
- The Age of Industrialisation witnessed significant technological advancements, such as the invention of the steam engine by James Watt.
- These technological innovations revolutionized transportation, communication, and manufacturing processes, leading to increased productivity and economic growth.
6. Social Impact:
- The industrialization process brought about significant social changes.
- The working conditions in factories were often harsh, with long working hours, low wages, and poor living conditions for workers.
- The emergence of labor unions and workers' movements aimed to improve working conditions and fight for workers' rights.
7. Economic Impact:
- Industrialization led to the growth of capitalism and the development of a market economy.
- The increased production and efficiency resulted in economic growth and the accumulation of wealth for industrialists and capitalists.
In conclusion, the cottage industry refers to a small-scale, home-based manufacturing system, while the Age of Industrialisation represents the period characterized by the Industrial Revolution, the growth of factories, technological advancements, urbanization, and significant social and economic changes. The transition from the cottage industry to large-scale factories transformed the economic and social landscapes, shaping the modern industrialized world.
To make sure you are not studying endlessly, EduRev has designed Class 10 study material, with Structured Courses, Videos, & Test Series. Plus get personalized analysis, doubt solving and improvement plans to achieve a great score in Class 10.