What differentiates employment from self-employment?

1
Employment refers to working for someone else, while self-employment involves working for oneself.
2
Employment is a full-time job, while self-employment is part-time work.
3
Employment provides job security, while self-employment is more risky.
4
Employment is associated with higher income, while self-employment offers more flexibility.
5
None of the above/More than one of the above.

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