Cottage Industry
A cottage industry is a system of production which takes place in private homes rather than in a factory, with the tools and other means of production individually owned.
cottage industry
Definition 1.
An industry where the creation of products and services is home-based, rather than factory-based.
The term cottage industry once formerly applied to manufacturing that took place in people's homes, prior to the industrial revolution.
Cottage Industry - An industry comprised of a labor force that produces goods for sale at home, often with their own equipment.
Look at the investing aisle of your local bookstore and you'll see a cottage industry of "make money in stocks" type books. Don't be fooled. Anyone who had a great stock system wouldn't share it, not even for $29.95 per book.
when sales and marketing began to be considered equally important in the transference of commodities from producers to consumers. Today, the prevailing mode of production is called mass production, with cottage industry accounting for only a minor ...
cottage industry "An industry where the creation of products and services is home-based, rather... Council of Economic Advisers "A group of economic advisers appointed by the President to help formulate economic...
 See also: Capitalism, Entrepreneur, Contingency, Saving, Job
  
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