Characteristics of cottage industries

Characteristics of cottage industries




Cottage Industries are Industries involved in making products, particularly in homes using hands and simple tools.

The following are Characteristics of cottage industries

  • Locally available materials are used.
  • Capital infested is small.
  • Most of the products are sold to the local market, but few are exported.
  • Skills are acquired informally.
  • Use of hands and simple and sometimes advanced tools.
  • Usually, involve art or skill possessed by a person to produce items that are in demand in the neighbourhood.
  • its labour intensive.
  • Very few items are made because the market for items is usually small.

RELATED POSTS

1 thought on “Characteristics of cottage industries”

  1. Pingback: Benefits of industrial development

Leave a Comment

Your email address will not be published. Required fields are marked *