What are the differences between self-employment and wage employment
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Wage employment mean you work with certain wages for an employer who is someone other. ... Wage Employment is where you work for someone else and get a fixed amount of money in return.
In self employment, income may vary but gives you flexible work hours and you are not answerable to anyone but yourself example of self employment mean an entrepreneur who open his entreprize.
ad wage employment means working someone else paid labours
In self employment, income may vary but gives you flexible work hours and you are not answerable to anyone but yourself example of self employment mean an entrepreneur who open his entreprize.
ad wage employment means working someone else paid labours
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- in self employment people create their own employment and and their livelihood.they do not depend either on government or any other persons for their livelihood.
- e.g. : working in their own farms,opening a shop or public telephone or establishing a small organisation like manufacturing of candles, matchboxes, etc.
- on the other hand some people cannot create their own employment.they generally depend on government or any other organisation or a person for earning their livelihood.
- e.g. : walking in the feels of others, aur India shop for working as government servant, etc.
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