Commercial Industry

• Industrialized Mass Production of Goods

• Commercial sales of these goods for profit

An industry where the creation of products and services is home-based, rather than factory-based.

Candle making

COTTAGE INDUSTRIES

• While products and services created by cottage industry are often unique and distinctive because they are usually not mass-produced, producers in this sector often face many disadvantages when trying to compete with much larger factory-based companies.

Cottage Industries

Hand-Made Blankets

Home Made Soap

Farming to feed yourself and your family. The best examples are in developing countries were the farmer and his family lives from year to year on what they produce

SUBSISTENCE AGRICULTURE

• Normally a staple food crop like rice, corn or wheat, and a few animals like goats, sheep, or pigs plus a few chickens, to supply meat, eggs and milk.

Reindeer Herders Depend on reindeer for everything

Commercial Farming

• is raising a product to sell

• can be the big crop farmers, feedlot livestock farmers, or the small organic farmer who go to the farmer's market to sell their produce.