Examlex
Selection of the best course of action in a particular situation is known as
Gig Economy
A labor market characterized by the prevalence of short-term contracts or freelance work as opposed to permanent jobs, often facilitated by digital platforms.
Precariat Class
A social class formed by people suffering from precarity, which entails living without predictability or security, especially in employment.
Job Insecurity
The lack of certainty about one's employment status, including the risk of unemployment or underemployment.
Geographical Arbitrage
The practice of taking advantage of price differences between geographic locations by buying low in one area and selling high in another.
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