People who set up a small business independently are categorised as

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Self- employed

Corporate employees

Labour

None of the above

answer is A.

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Detailed Solution

People who set up a small business independently are called self-employed. Individuals try new ideas and invest money to develop that into a business. Around us, we can see many people being self-employed. For example, pursuing stitching, being independent contractors, and so on. Self-employed people find work for themselves and don't work for employers. Unemployment is rising fastly in India. If people find jobs for themselves, unemployment can be reduced. Also, the economic status of the country will become better. Self-employment can give people a good amount of flexibility in the job. But it also comes with some job risks. A self-employed person will be the person who owns the business or trade. And he will be the main and the only operator.

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