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Which industries are also known as village or household industries?
- a)Small Scale industries
- b)Cottage industries
- c)Large Scale industries
- d)None of the above
Correct answer is option 'B'. Can you explain this answer?
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Verified Answer
Which industries are also known as village or household industries?a)S...
A cottage industry is a small-scale, decentralized manufacturing business often operated out of a home rather than a purpose-built facility. Cottage industries are defined by the amount of investment required to start, as well as the number of people employed.
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Most Upvoted Answer
Which industries are also known as village or household industries?a)S...
Explanation:
Cottage industries are also known as village or household industries. These are the industries in which products are manufactured by individuals or groups of individuals in their homes or in small workshops using traditional methods. The raw materials used in these industries are generally locally available.
Examples of cottage industries:
1. Handloom weaving
2. Pottery
3. Handicrafts
4. Leatherwork
5. Woodwork
6. Knitting and embroidery
7. Beadwork
8. Basket weaving
9. Candle making
10. Soap making
Advantages of cottage industries:
1. Provides employment opportunities to a large number of people
2. Helps in the preservation of traditional crafts and skills
3. Promotes decentralization of industries
4. Low capital investment required
5. Can be started in any part of the country, as per the availability of raw materials and skills
Disadvantages of cottage industries:
1. Limited production capacity
2. Lack of access to modern technology and techniques
3. Dependence on traditional methods and designs, which may not be in demand
4. Products may not be of uniform quality
5. Lack of marketing and distribution networks
Conclusion:
Cottage industries play an important role in the economy of a country. They provide employment opportunities to a large number of people, help in the preservation of traditional crafts and skills, and promote decentralization of industries. However, they also have some disadvantages, such as limited production capacity and lack of access to modern technology and techniques. It is important to support and promote cottage industries for their contribution to the economy and culture of a country.
Cottage industries are also known as village or household industries. These are the industries in which products are manufactured by individuals or groups of individuals in their homes or in small workshops using traditional methods. The raw materials used in these industries are generally locally available.
Examples of cottage industries:
1. Handloom weaving
2. Pottery
3. Handicrafts
4. Leatherwork
5. Woodwork
6. Knitting and embroidery
7. Beadwork
8. Basket weaving
9. Candle making
10. Soap making
Advantages of cottage industries:
1. Provides employment opportunities to a large number of people
2. Helps in the preservation of traditional crafts and skills
3. Promotes decentralization of industries
4. Low capital investment required
5. Can be started in any part of the country, as per the availability of raw materials and skills
Disadvantages of cottage industries:
1. Limited production capacity
2. Lack of access to modern technology and techniques
3. Dependence on traditional methods and designs, which may not be in demand
4. Products may not be of uniform quality
5. Lack of marketing and distribution networks
Conclusion:
Cottage industries play an important role in the economy of a country. They provide employment opportunities to a large number of people, help in the preservation of traditional crafts and skills, and promote decentralization of industries. However, they also have some disadvantages, such as limited production capacity and lack of access to modern technology and techniques. It is important to support and promote cottage industries for their contribution to the economy and culture of a country.
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Community Answer
Which industries are also known as village or household industries?a)S...
A cottage industry is a small-scale, decentralized manufacturing business often operated out of a home rather than a purpose-built facility. Cottage industries are defined by the amount of investment required to start, as well as the number of people employed.
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Which industries are also known as village or household industries?a)Small Scale industriesb)Cottage industriesc)Large Scale industriesd)None of the aboveCorrect answer is option 'B'. Can you explain this answer?
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