What is the name of the method in which only few goods are produced by factories which are made-to-order?
Answer & explanation
Correct answer: option 1
The correct answer is Option 1: Craft Method
NCERT: Under the ‘craft’ method factories produce only a few pieces which are made-to-order. So the costs are high. On the other hand, mass production involves production of large quantities of standardised parts by each worker performing only one task repeatedly".