Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Indian Economic Development: Employment - Growth, Informalisation and Other Issues

Question:
What is the system called in which a worker earns a living by using his or her own resources?
Options:
Regular employment
Wage employment
Casual employment
Self – employment
Correct Answer:
Self – employment
Explanation:
Self-employment is defined as an activity in which a worker earns a living by using his or her own resources. Self-employed workers or persons are those that own a business and work for themselves to make a living.