regulatoryBody NABARD Grade A Prelims Mock Test 2024 Economic & Social Issues Introduction To Economics Economic Growth Vs Economic Development
In the context of labor policies, what does the term "Gig Economy" refer to?
1
An economy where large corporations dominate the labor market.
2
A system where temporary, flexible jobs are common, and companies hire independent contractors and freelancers.
3
A labor market characterized by lifelong employment and job security.
4
An economic model where workers are paid daily wages.
5
A market focused on large-scale industrial labor.