Computer Science, asked by veersinghrana, 2 months ago

What differences did you find between entrepreneurship and

wage employment ?​

Answers

Answered by boahenecayden85
2

Answer:

THE WAGE EMPLOYMENT MEANS THE LABOUR WHO WORKING IN THE FACTORY FOR PARTICULAR AMOUNT OF WAGES.... THE ENTREPRENEURSHIP MEANS WHERE THE EMPLOYEE ARE WORKING FOR THE PARTICULAR AMOUNT OF SALARY.

Explanation:

Wage Employment                                                Entrepreneurship

Follow instructions                                                 Make own plans

Routine job                                                                 Creative activity

Earning is fixed, never negative                                   Can be negative sometimes, generally surplus  

Does not create wealth                                 Creates wealth, contributes to GDP

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