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Self-Employment (Importance of self-employment. (Advantage of small scale…
Self-Employment
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Characteristics
- One's own and one's livelihood
- Takes help of 1 or 2 persons to assist.
- In self-employment the earning is not fixed.
- Alone take profit and bears risk.
- Some amount of capital required.
- Person is free to take decision.
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Small Scale Business:
Small in size.
Required low capital investment.
A small number of workers.
volume or value of outcome is low.