Question

Which one is an example of self-employment and not wage employment- * 1 point (b) Owning a clothing business (c) Manager in a company (a) Cooking in a restaurant (d) None of these​

Answer 1

Answer:

For example, suppose you start a shop at your locality and run it alone. When the business grows, it may not be possible to manage everything alone. Then you may think of employing another to assist you, thereby creating wage employment."