Question

Distinguish between Self Employment and Entrepreneurship.

Answer 1

ANSWER____✒️

$difference$

Self Employment
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A self employment person is focused on finding opportunities for work, for him or her self. The emphasis is on maintaining a secure income and on remaining employed- working. In general, the self employment person is not tolerant of great financial risk and deals with what is known.

Enterpreneurship
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The Enterpreneurship focused on creating a business, which carries its own identity. The emphasis is on creating opportunity even though there may be no actual work and no income. The Enterpreneur hopes for growth and expansion, is tolerant of great risk and deals in the unknown.

MARK BRAINLIEST✓✓

Answer 2

Answer:

1) In self employment, people create e.g. : Working in their own farms, opening a shop or public telephone booth or establishing a small organization like manufacturing of candles, matchboxes, etc.

2) On the other hand, some people cannot create their own employment. They generally depend either on government or on any other organization or a person for earning their livelihood.

e.g : Working in the fields or others, in a shop or working as government servant, etc.