4.Write against the option, if the business idea is ofself-employment or wage employment.
(a) Cooking in a restaurant
(b) Owning a clothing business
(c) Having a dosa selling stall
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Answers
Answer:
WAGE
SELF
SELF
Explanation:
MARK ME TALLENTED
Answer:
a) cooking in a restaurant is wage employment.
b) Owning a clothing business is self-employment.
c) Having a dosa selling stall is self-employment.
Explanation:
Self-employment: Any person who earns a living through any independent pursuit of economic activity, as opposed to working for a firm or another individual, is referred to as a self-employed person (an employer). Even if a freelancer or independent contractor does all of their work for a single client, they are still considered self-employed.
Wage employment: In both the official and informal economies, wage employment encompasses any salaried or compensated position under contract (written or unwritten) to another person, organisation, or company.
Hence, self-employment and wage are employment are different from each other.
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