handicrafts are considered as the hand made products or machinery made goods which show the traditional, cultural and custom features of a country. Although in India it is considered as a handmade cottage industry but also the machinery made goods are also available.
In this post we will try to understand the benefits of the handicrafts usage for a country economics point of view.
Benefits -
improve the quality of the handicraft material.
improve the reusability of the waste products like - plastic cups, cans, cardboard box, pins, buttons, magazines and old clothes.
easily available raw material, even sometimes free in your home
provides more opportunities for employment
provides more opportunities for enhancing knowledge and skills
provide new market segments for income opportunities
provide handsome amount of income
provide new opportunities for self-employment
provides new opportunities for new businesses with no investment
provides economic strength to country
provides a high standard of living
provides the extra export opportunities
provides the extra growth opportunities
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