Features and benefits of cottage industries Flashcards

(4 cards)

1
Q

What is a cottage industry?

A

Cottage industries are small-scale, home-based industries that require skill.

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2
Q

What are 4 benefits of cottage industries

A

Provide Income
Provides Employment
Provides goods and services
Preserves traditional skills and crafts

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3
Q

What are 4 problems with cottage industries

A

Limited production
Lack of enough capital or tools
Harder to sell products
Product quality may not be consistent

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4
Q

What are characteristics of a cottage industry?

A

They:
Operate on a small scale
Are home based
Use local raw materials
Use mostly manual labour

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