Gig Economy Mastery Quiz

What is freelancing?

• A long-term contract between an employee and a single employer

• Working on specific tasks or projects for multiple clients as an independent contractor

• A full-time job with benefits and a fixed salary

• None of the above

Which of the following is a popular ridesharing app?

• eBay

• Uber

• Amazon

• Etsy

Task-based work in the gig economy often involves:

• Long-term employment contracts

• Tasks assigned by a single employer

• Short-term tasks or projects from various clients

• Permanent job positions with benefits

Which of the following is an example of an online marketplace for freelancers?

• Netflix

• Upwork

• Walmart

• Spotify

How has the gig economy impacted traditional employment?

• It has eliminated traditional employment

• It has created more long-term job opportunities

• It has introduced more flexibility and independence for workers

• It has decreased the number of available jobs

What is a regulatory challenge faced by the gig economy?

• Too many job applicants

• Difficulty in setting standardized prices for services

• Classifying workers as independent contractors or employees

• All of the above

Why might a gig worker prefer task-based work over traditional employment?

• For a more structured work environment

• To receive a fixed monthly salary

• For the flexibility and control over their work schedule

• To benefit from company-provided health insurance

In the context of the gig economy, what role do online marketplaces play?

• They provide a platform for gig workers to offer their services to a global audience

• They offer long-term employment contracts

• They reduce the number of available gig jobs

• They exclusively sell physical products

What is a common characteristic of ridesharing services in the gig economy?

• Fixed schedules and routes

• Services offered exclusively in rural areas

• Use of a mobile app to connect drivers with passengers

• Long-term contracts with passengers

How do regulatory challenges in the gig economy affect consumers?

• They limit the availability of gig services

• They ensure that all gig workers have a fixed salary

• They can lead to increased costs for services due to compliance costs

• They decrease the quality of services provided