Describe the importance of self-employment in the present context of unemployment.
Answers
Answer:
It is highly important for people to know how to make a living for themselves just by being self employed. This is so because nowadays there is so much increased competition that people end up being unemployed. Self employment helps a person. It does not let that persons morale go down. Its one of the ways of getting a livelihood without having to go through difficult means like putting up with colleague rivalry or workplace politics, etc.
People who are self employed have the flexibility and independence which gets restraint while working for others. The best thing about being self employed is that there is no risk of job security. People feel under pressured of losing their job, but when you are self employed or know how to get self employed, that helps a lot. It helps to loosen the pressure.