Cottage Industry - Explained
What is a Cottage Industry?
Written by J. Mance Gordon
Updated at April 21st, 2024
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What is a Cottage Industry?
A cottage industry generally refers to a business that produces goods on a small scale and in a decentralized manner. It may be that the manufacturing is done from a residential dwelling. The products are often handcrafted.
Cottage industries usually have only a few workers. They play an essential role in the economy of almost all countries.