Which of the following is true about the “Gig Economy”?
1. It is a free market system in which there are only permanent positions and organizations expand with permanent workers for long-term engagement.
2. It is becoming irrelevant with the onset of the digital age, the workers need not sit at a fixed location, the job can be done from anywhere.
3. It is expanding in India with approximately 56% of new employment in India being generated from the gig economy.
Select the correct answer using the code given below.
1
1 and 2
2
2 only
3
3 only
4
None of the above