
Home-based production
Home-based production refers to creating goods or services directly within a household setting rather than in centralized factories or workplaces. This approach often involves tasks like knitting, baking, or small-scale manufacturing done at home. It allows individuals, especially small entrepreneurs or artisans, to produce items with lower overhead costs and flexible schedules. While it may not match mass production efficiency, home-based production supports local economies, promotes craftsmanship, and caters to niche markets. It can also serve as a practical solution for maintaining income while managing household responsibilities.