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State with valid reason whether the following statement is true or false: ‘Self employed workers are different from hired workers.’ - Economics

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Question

State with valid reason whether the following statement is true or false:

‘Self employed workers are different from hired workers.’

Options

  • True

  • False

MCQ
True or False

Solution

This statement is True.

Reason: 

Self-employed people run their own businesses or professions. They work for themselves and profit from their efforts. They are not subject to the monitoring or terms and conditions of others. Hired employees are those who are hired by others and receive compensation or salary in exchange for providing services to others.

shaalaa.com
Self-employed and Hired Workers
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2022-2023 (March) Delhi Set 2
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