Where are the following terms
Answer: A cottage industry is a small-scale, decentralized manufacturing business often operated out of a home rather than a purpose-built facility. Cottage industries are defined by the amount of investment required to start, as well as the number of people employed. They often focus on the production of labor-intensive goods but face a significant disadvantage when competing with factory-based manufacturers that mass-produce goods. word was initially applied to cottage industries in the countryside. In spite of the opposition of urban guilds, rural residents were performing many industrial tasks. Agricultural labor did not occupy the peasants during the entire year, and they devoted their free hours to such activities as spinning wool or weaving…
Try to summarize this if you have time..
Answer:
Jenna could use IRA for her retirement and children education.
Explanation:
In simple words, Your child (or grandchild) will use an IRA to prepare for independence, a first home, or school expenses. Any children, irrespective of age, who has inherited wealth can donate to an IRA; others can also contribute as long as their contributions do not surpass the total of the children's income earned.
Thus, IRA is a feasible option for Jenna.
