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State the features of cottage industries.

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CBSE/Class 11/Commerce/Business Studies Tuition/Class XI-XII Tuition (PUC)

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The features of cottage industries are as follows: Simple equipments: Simple equipments are used in the production of goods. Indigenous technology: Indigenous technology is used for producing goods. Individuals: The industries are organised by individuals having private resources. Investment: Small amount... read more

The features of cottage industries are as follows:

Simple equipments: Simple equipments are used in the production of goods.

Indigenous technology: Indigenous technology is used for producing goods.

Individuals: The industries are organised by individuals having private resources.

Investment: Small amount of capital is invested in the production.

Simple products: Production of simple products in their own premises.

Family labour: Cottage industries use family labour and locally available talent.

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Best Coaching at Affordable Price

There are 6 features of cottage industries which are as followed: 1. Using simple equipments in the production of goods. 2. using indigenous technology for producing goods. 3. The industries are organised by individuals having private resources. 4. A small amount of capital is invested in the production. 5.... read more

There are 6 features of cottage industries which are as followed:

1. Using simple equipments in the production of goods.

2. using indigenous technology for producing goods.

3. The industries are organised by individuals having private resources.

4. A small amount of capital is invested in the production.

5. Products are produced in their own premises.

6. Industries uses family labour and locally available talent.

read less
Comments

Spoken English Trainer

The features of cottage industries are as follows: Simple equipments: Simple equipments are used in the production of goods. Indigenous technology: Indigenous technology is used for producing goods. Individuals: The industries are organised by individuals having private resources. Investment: Small amount... read more

The features of cottage industries are as follows:

Simple equipments: Simple equipments are used in the production of goods.

Indigenous technology: Indigenous technology is used for producing goods.

Individuals: The industries are organised by individuals having private resources.

Investment: Small amount of capital is invested in the production.

Simple products: Production of simple products in their own premises.

Family labour: Cottage industries use family labour and locally available talent.

read less
Comments

Tutor

The features of cottage industries are as follows: Simple equipments: Simple equipments are used in the production of goods. Indigenous technology: Indigenous technology is used for producing goods. Individuals: The industries are organised by individuals having private resources. Investment: Small amount... read more

The features of cottage industries are as follows:

Simple equipments: Simple equipments are used in the production of goods.

Indigenous technology: Indigenous technology is used for producing goods.

Individuals: The industries are organised by individuals having private resources.

Investment: Small amount of capital is invested in the production.

Simple products: Production of simple products in their own premises.

Family labour: Cottage industries use family labour and locally available talent.

read less
Comments

Computer Science Tutor

The features of cottage industries are as follows: Simple equipments: Simple equipments are used in the production of goods. Indigenous technology: Indigenous technology is used for producing goods. Individuals: The industries are organised by individuals having private resources. Investment: Small amount... read more

The features of cottage industries are as follows:

Simple equipments: Simple equipments are used in the production of goods.

Indigenous technology: Indigenous technology is used for producing goods.

Individuals: The industries are organised by individuals having private resources.

Investment: Small amount of capital is invested in the production.

Simple products: Production of simple products in their own premises.

Family labour: Cottage industries use family labour and locally available talent.

read less
Comments

Cottage Industries:1. A cottage industry is a small-scale, decentralized manufacturing business often operated out of a home rather than a purpose-built factory.2. Cottage industries are defined by the amount of investment required to start, as well as the number of people employed. They often focus... read more

Cottage Industries:
1. A cottage industry is a small-scale, decentralized manufacturing business often operated out of a home rather than a purpose-built factory.
2. Cottage industries are defined by the amount of investment required to start, as well as the number of people employed. They often focus on the production of labor-intensive goods rather factory based goods.
3. The products and services created by cottage industry are often unique and distinctive given the fact that they are usually not mass-produced.
4. Products in this sector often face numerous disadvantages when trying to compete with much larger factory based companies. The principal cottage industries of India are: Hand-loom weaving (cotton, silk, jute, etc.) pottery, washing soap making, conch shell industry, handmade paper industry, horn button industry, mother-of-pearl button industry, cutlery industry.
Features of Cottage Industries
1. Individuals: The industries are organized by individuals having private resources.
2. Production: Small amount of capital is invested in the production. 3. Simple equipment: Simple equipment are used in the production of goods.
4. Indigenous technology: Indigenous technology is used for producing goods.
5. Simple products: Production of simple products in their own premises.
6. Family labor: Cottage industries use family labor and locally available talent.

read less
Comments

Expert Coach

The features of cottage industries are as follows:Simple equipment: Simple equipment are used in the production of goods. Indigenous technology: Indigenous technology is used for producing goods. Individuals: The industries are organized by individuals having private resources. Investment: Small amount... read more

The features of cottage industries are as follows:
Simple equipment: Simple equipment are used in the production of goods.
Indigenous technology: Indigenous technology is used for producing goods.
Individuals: The industries are organized by individuals having private resources.
Investment: Small amount of capital is invested in the production. Simple products: Production of simple products in their own premises.
Family labor: Cottage industries use family labor and locally available talent.

read less
Comments

Maths Tutor

Simple equipments are used in production.
Comments

Tutor

The features of cottage industries are as follows: Simple equipments: Simple equipments are used in the production of goods. Indigenous technology: Indigenous technology is used for producing goods. Individuals: The industries are organised by individuals having private resources. Investment: Small amount... read more

The features of cottage industries are as follows:

Simple equipments: Simple equipments are used in the production of goods.

Indigenous technology: Indigenous technology is used for producing goods.

Individuals: The industries are organised by individuals having private resources.

Investment: Small amount of capital is invested in the production.

Simple products: Production of simple products in their own premises.

Family labour: Cottage industries use family labour and locally available talent.

read less
Comments

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