Which is not the characteristics of cottage industry :OptionsSmall capital investment.Use of foreign technique in productionSimple tools are used in itThey are organized by personal resources of the members
Question
Which is not the characteristics of cottage industry :OptionsSmall capital investment.Use of foreign technique in productionSimple tools are used in itThey are organized by personal resources of the members
Solution
The option that is not a characteristic of a cottage industry is "Use of foreign technique in production".
Cottage industries are typically characterized by their small scale and the use of traditional methods of production, not foreign techniques. They are usually run with small capital investments, use simple tools, and are organized by the personal resources of the members.
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