What is the best definition of the term cottage industry
A) A group of cottages that serves as a factory
B) A group or community that starts an industry together
C) People who produce goods out of their homes
D) People who leave their homes to work for industries
The Correct Answer for the given question is Option C) People who produce goods out of their homes
Answer Explanation:
A cottage industry refers to a small-scale, home-based business or manufacturing activity where individuals or families produce goods using traditional methods and limited resources. These industries typically operate outside large industrial systems and are a vital part of the economy in many regions, especially rural areas.
Cottage industries often include handmade products like textiles, pottery, jewelry, and other artisanal goods. The key characteristic is that production occurs in homes or small workshops, not in large factories. They are an important source of livelihood, especially in countries like Nepal, India, and others with rich cultural traditions.
Cottage Industry
Meaning of Cottage Industry
A cottage industry refers to a small-scale, decentralized manufacturing business typically operated from home rather than a factory. These industries often involve manual labor and traditional methods to produce goods, catering to local or niche markets.
Examples include weaving, pottery, handmade crafts, or food preparation. Cottage industries are small, decentralized manufacturing businesses often run out of homes rather than specialized facilities.
Cottage industries are classified according to their investment levels and number of employees. Labor-intensive goods are their specialty, but they must compete against mass-produced goods made by factories.
Generally, cottage industries produce goods on a small scale and decentralized. Manufacturing may take place in a private residence.
Most cottage industries produce products by hand. There are usually only a few workers in cottage industries. Cottage industries play an important role in nearly every country’s economy.
Features/Characteristics of Cottage Industry
- Organised by individuals with private resources;
- Family workers and local talent are usually employed;
- Low capital investment with simple equipment;
- They normally manufacture their own products in their own facilities;
- Indigenous technology is used to produce goods;
- Very few items are made because the market for items is usually small;
- Although the production are primarily carried out for self consumption some portion of the Products are sold in the local market as well.
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Disadvantages of Cottage Industry |
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Cottage Industry FAQs
Which is the best example of a cottage industry business
A) A car company uses an assembly line to make vehicles.
B) A family sells the rights to the coal in their backyard.
C) A seamstress weaves clothes to sell out of her home.
D) A shoemaker starts at home but expands into a factory.
The Correct Answer for the given question is Option C) A seamstress weaves clothes to sell out of her home.
A cottage industry refers to a business or manufacturing activity carried out in a home or small-scale setting, often by family members. The seamstress weaving clothes to sell from her home is a clear example, as it involves handmade production in a domestic setting, which is typical of cottage industries.
The cottage industry system involved manufacturing
a) of steam engines.
b) of hand-made luxury goods.
c) in the home.
d) in small factories.
The Correct Answer for the given question is Option c) in the home.
The cottage industry system is defined by its production process being carried out at home rather than in large factories. Craftspeople, such as weavers or blacksmiths, would use their homes as workshops, producing goods by hand, often for local or regional markets.
Why did the cottage industry disappear?
a) Manufactured goods cost less to produce than handmade goods.
b) The demand for cloth had declined.
c) People were unwilling to work in factories.
d) Not enough craftspeople could be found to do the work.
The Correct Answer for the given question is Option a) Manufactured goods cost less to produce than handmade goods.
The rise of factories and mass production during the Industrial Revolution made it cheaper to produce goods in bulk. Mechanized production in factories allowed for lower costs, higher quantities, and more efficient output compared to the slower, more expensive handmade methods of the cottage industry, leading to its decline.
The era of the cottage industry was rendered mostly obsolete by
A) proto industry.
B) Age of Exploration.
C) commercial industry.
D) the Great Depression.
E) the Scientific Revolution.
The Correct Answer for the given question is Option E) the Scientific Revolution.
The Scientific Revolution paved the way for technological advancements and new machinery that enabled mass production and factory-based industries. These innovations made the manual and labor-intensive processes of cottage industries outdated and less competitive in the evolving industrial economy.
The production of cultured pearls is an important cottage industry of which of the following countries?
a) Belgium
b) West Indies
c) New Zealand
d) Japan
The Correct Answer for the given question is Option d) Japan
Japan is internationally renowned for its cultured pearl production, particularly in regions like Ise Bay. The process of cultivating pearls, often by hand, fits the definition of a cottage industry, where skilled artisans work at home or in small workshops.
Which among the following cities of Uttar Pradesh is internationally famous for its wood carving work cottage industry?
A) Modi Nagar
b) Saharanpur
c) Kanpur
d) Allahabad
The Correct Answer for the given question is Option b) Saharanpur
Saharanpur in Uttar Pradesh is well-known for its traditional wood carving and handicraft industries. The city’s artisans create intricate wooden items, a key feature of cottage industries, where individual craftsmen use simple tools to produce handmade products.
Which among the following is the single largest cottage industry of Manipur state of India?
a) Sericulture Industry
b) Handloom Industry
c) Leather Industry
d) Jute Industry
The Correct Answer for the given question is Option b) Handloom Industry
The handloom industry in Manipur is the largest and most significant cottage industry in the state. It involves the production of textiles, particularly the famous Manipuri handwoven fabrics, using traditional methods passed down through generations.
Diamond cutting is undertaken as a cottage industry in
A) Jammu and Kashmir
B) Gujarat
C) Andhra
D) Maharashtra
The Correct Answer for the given question is Option B) Gujarat
Gujarat is known for its diamond cutting industry, especially in the city of Surat. Diamond cutting, though often seen in factories, still has a cottage industry aspect in the form of small-scale, family-run businesses that focus on cutting and polishing diamonds by hand.
Which is not the characteristics of cottage industry :
(a) Use of foreign technique in production
(b) They are organized by personal resources of the members
(c) Simple tools are used in it
(d) Small capital investment.
The Correct Answer for the given question is Option (a) Use of foreign technique in production
Cottage industries are typically characterized by local or traditional methods passed down through generations, often using simple tools and personal resources. The use of foreign techniques in production contradicts the essence of cottage industries, which emphasize local craftsmanship and indigenous knowledge.
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