Commerce Exam  >  Commerce Questions  >  Small scale industries have provided multiple... Start Learning for Free
Small scale industries have provided multiple source of income to rural household give two example ?
Most Upvoted Answer
Small scale industries have provided multiple source of income to rura...
Small scale industries uses labour intensive techniques and generates employment opportunity. Also the skills required in these industries are not very specific, so it provides employment to rural households.
Community Answer
Small scale industries have provided multiple source of income to rura...
Introduction:

Small scale industries play a significant role in providing multiple sources of income to rural households. These industries are characterized by their relatively small size, limited capital investment, and localized operations. They have the potential to create employment opportunities, generate income, and contribute to the overall economic development of rural areas. Here, we will discuss two examples of small scale industries and how they provide income to rural households.

Example 1: Handicraft Industry

The handicraft industry is a prime example of a small scale industry that provides income to rural households. Handicrafts encompass a wide range of products, including pottery, textiles, woodwork, metalwork, and more. Artisans and craftsmen in rural areas possess traditional skills and knowledge that are passed down through generations.

Employment Opportunities:
- The handicraft industry creates employment opportunities for rural households by engaging them in various activities like weaving, pottery making, and wood carving.
- Artisans can work from their homes, allowing them to balance their domestic responsibilities while earning an income from their craft.

Income Generation:
- By participating in the handicraft industry, rural households can generate income through the sale of their products.
- Artisans can sell their handicrafts locally, through regional markets, or even export them, thereby increasing their potential customer base and income.

Preservation of Traditional Skills:
- The handicraft industry helps preserve traditional skills and craftsmanship, allowing rural households to utilize their expertise and earn a livelihood.
- By practicing and passing on these skills, rural artisans contribute to the cultural heritage of their communities.

Example 2: Agro-based Industries

Agro-based industries are another notable example of small scale industries that provide income to rural households. These industries are based on utilizing agricultural produce to produce value-added products.

Value Addition:
- Agro-based industries add value to agricultural products by processing them into various forms such as food products, dairy products, and textiles.
- This value addition increases the market value of the agricultural produce and creates additional income opportunities for rural households.

Employment Opportunities:
- Agro-based industries create employment opportunities for rural households at different levels, including cultivation, processing, packaging, and distribution.
- Farmers can diversify their income sources by engaging in agro-based industries alongside traditional farming activities.

Market Access:
- Agro-based industries provide rural households with access to wider markets for their agricultural produce.
- By processing and transforming raw materials into value-added products, rural households can reach customers beyond their local communities, increasing their income potential.

Conclusion:

Small scale industries, such as the handicraft industry and agro-based industries, offer multiple sources of income to rural households. These industries not only create employment opportunities but also enable rural communities to leverage their traditional skills and agricultural resources. By promoting and supporting these small scale industries, rural areas can experience economic growth, poverty reduction, and improved living standards.
Attention Commerce Students!
To make sure you are not studying endlessly, EduRev has designed Commerce study material, with Structured Courses, Videos, & Test Series. Plus get personalized analysis, doubt solving and improvement plans to achieve a great score in Commerce.
Explore Courses for Commerce exam

Similar Commerce Doubts

Read the following passage and answer the question that follows:Census is not only the oldest research, best-known, well-formed in terms of methodology, but also a research, which is widely regarded as the most reliable data source. As the methods of conducting the census and especially of data collecting have changed incredibly over the last decades, it seems appropriately important to address the issue of quality assessment of census.Modern technologies, its development and application in all spheres of social and economic life has also influenced population census methodology. Huge changes and modifications can be seen at every stage of the census procedure, and in principle were observed in all countries around the world.Some countries have opted for fundamental change in methodology that is the source of data, while the other only introduced some innovations in the technology of its collecting and processing. The main idea of these changes is savings, but also improvement of census data quality.To assess the quality of the census different methods may be used. The classification of sources of errors indicates coverage and content errors. In estimation of population size one of key factors in determining the census is coverage. ButConsidering the change in census methodology, besides non-random, also random errors should be discussed. As the census used data from different sources, including, registers, self-enumeration, but also sample surveys, which were integrated in one database, evaluation should be comprehensive and a clear description of estimation technique needs to be provided.Assertion (

Top Courses for Commerce

Small scale industries have provided multiple source of income to rural household give two example ?
Question Description
Small scale industries have provided multiple source of income to rural household give two example ? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Small scale industries have provided multiple source of income to rural household give two example ? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Small scale industries have provided multiple source of income to rural household give two example ?.
Solutions for Small scale industries have provided multiple source of income to rural household give two example ? in English & in Hindi are available as part of our courses for Commerce. Download more important topics, notes, lectures and mock test series for Commerce Exam by signing up for free.
Here you can find the meaning of Small scale industries have provided multiple source of income to rural household give two example ? defined & explained in the simplest way possible. Besides giving the explanation of Small scale industries have provided multiple source of income to rural household give two example ?, a detailed solution for Small scale industries have provided multiple source of income to rural household give two example ? has been provided alongside types of Small scale industries have provided multiple source of income to rural household give two example ? theory, EduRev gives you an ample number of questions to practice Small scale industries have provided multiple source of income to rural household give two example ? tests, examples and also practice Commerce tests.
Explore Courses for Commerce exam

Top Courses for Commerce

Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev