Question

Determine whether the statements describe a cottage industry or commercial industry.

Select the correct answer in each row.

Cottage Industry

Commercial Industry

It is generally part of a traditional economy.

Cottage Industry Radio Button
Commercial Industry Radio Button
It is generally part of a free enterprise economy.

Cottage Industry Radio Button
Commercial Industry Radio Button
Goods are manufactured in factories for sale throughout the country or overseas.

Cottage Industry Radio Button
Commercial Industry Radio Button
It is characterized by small scale production of goods produced in a home setting.

Cottage Industry Radio Button
Commercial Industry Radio Button
It produces a large amount of goods and employs more workers.

Cottage Industry Radio Button
Commercial Industry Radio Button

Answer 1

1. It is generally part of a traditional economy. — Cottage Industry

2. It is generally part of a free enterprise economy. — Commercial Industry

3. Goods are manufactured in factories for sale throughout the country or overseas. — Commercial Industry

4. It is characterized by small scale production of goods produced in a home setting. — Cottage Industry

5. It produces a large amount of goods and employs more workers. — Commercial Industry