Gresham's Law States That Bad Products Will Drive Out Good

question 9

True/False

Gresham's Law states that bad products will drive out good products in a market.

---

Definitions:

Expertise

Specialized knowledge or skill in a particular area or field, acquired through education, experience, or training, which distinguishes experts from novices.

Low-Cost Information Technology

Affordable digital tools and systems that facilitate communication, data processing, and management.

Crowdsourcing

This involves collecting ideas, information, or content by appealing for contributions from a broad group of individuals, notably within an online community.

Crowdsourcing

A process where information, ideas, or content is gathered by encouraging a large number of people, especially those part of an online community, to contribute.