Which of the following is the defining characteristic of a free-agent economy?
A) People change jobs more often, and many work on independent contracts with a shifting mix of employers.
B) The structure is totally centralized, and the leader makes all key decisions while most communication is done by one on one conversations.
C) It consists of boundary-less organizations whose employees communicate only through the virtual media.
D) In this system, organizations are exempted from tax, given that they use HYPERLINK "http://en.wikipedia.org/wiki/Economic_surplus" \o "Economic surplus" surplus revenues to achieve their goals rather than distribute them as profit.
E) The structure is fully functional, and it consists of long-term employees who are mostly concerned with their respective areas of interest.

Question

Quizplus · Accepted Answer

A free-agent economy is characterized by individuals changing jobs frequently and often working on independent contracts with different employers, creating a more flexible and decentralized job market. This is in contrast to a more traditional economy where individuals often stay with one employer for a long period of time and have less control over their work arrangements.

Which of the Following Is the Defining Characteristic of a Free-Agent