Question

What is meant by (a) wage employment and (b) self-employment?

Answer 1

Answer:

self- employment :- is the situation in which an individual work for himself instead of working for an employer that pays a salary or a wage..

Wage employment :- meant you work with certain wages for an employer who is someone or other. Employer is your boss. You work for fixed wages

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Answer 2

Answer:Wage employment includes any salaried or paid job under contract (written or not) to another person, organization or enterprise in both the formal and informal economy.

Explanation: