Where individuals accept short-term job assignments instead of having full-time employment is called the:
A)sharing economy
B)gig economy
C)make-work economy
D)declining economy

Question

Quizplus · Accepted Answer

The gig economy refers to a labor market characterized by the prevalence of short-term contracts or freelance work, as opposed to permanent jobs. This can include individuals accepting short-term job assignments through apps or online platforms, which has become increasingly common in recent years. The sharing economy refers to a different type of economic arrangement, in which individuals share resources or services with one another, often through online platforms. The make-work economy and declining economy are not commonly used terms to describe current economic trends.

Where Individuals Accept Short-Term Job Assignments Instead of Having Full-Time