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Workers who own and operate an enterprise to earn their livelihood are known as:
Question

Workers who own and operate an enterprise to earn their livelihood are known as:

A.

hired workers

B.

regular salaried employed workers

C.

government employed workers

D.

self-employed workers

Correct option is D

The correct answer is option (d) self-employed workers.

Key Points:-

  • Self-employed workersare individuals who run their own businesses or enterprises.
  • They take on the risks and responsibilities associated with ownership and generate income through their own efforts, rather than working for someone else.
    Information Booster:-
  • Hired workers: These are employees who work for an employer and receive wages or salaries. They do not own the business they work for.
  • Regular salaried employed workers: These individuals have stable employment with a fixed salary from an employer, typically along with benefits. They also do not own the enterprise.
  • Government employed workers: These workers are employed by government entities and receive salaries from government funds. Like hired and salaried workers, they do not own the business.

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