cottage industry

Definition

An industry where the creation of products and services is home-based, rather than factory-based. While products and services created by cottage industry are often unique and distinctive given the fact that they are usually not mass-produced, producers in this sector often face numerous disadvantages when trying to compete with much larger factory-based companies.

Use cottage industry in a sentence

The cottage industry is very popular in Utah, where it is commonplace to have small, specialty companies producing goods such as handcrafted sleds and skis out of their home.

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