CUET Preparation Today
| Which of the following statement (s) is/are true in respect of cottage industries? |
It is the smallest manufacturing unit. The artisans use local raw materials and simple tools to produce everyday goods in their homes with the help of their family members or part time labour. Finished products may be for consumption in the same household or, for sale in local (village) markets, or, for barter. All of the above |
| All of the above |
| It is the smallest manufacturing unit. The artisans use local raw materials and simple tools to produce everyday goods in their homes with the help of their family members or part-time labour. Finished products may be for consumption in the same household or, for sale in local (village) markets, or, for barter. Capital and transportation do not wield much influence as this type of manufacturing has low commercial significance and most of the tools are devised locally. |
