Home-Based Production
Home-based production refers to the practice of creating goods or services within one's own home. This can include activities like crafting, baking, or sewing, where individuals utilize their skills and resources to produce items for sale or personal use. It often allows for flexibility in work hours and can be a source of supplemental income.
This type of production has gained popularity with the rise of online marketplaces, such as Etsy and eBay, which enable individuals to reach a broader audience. Home-based production can also contribute to local economies by promoting small-scale entrepreneurship and reducing overhead costs associated with traditional businesses.