The following text discusses economics.
The gig economy—characterized by short-term contracts and freelance work rather than permanent jobs—has grown dramatically with the rise of platforms like Uber and Fiverr. Supporters praise the flexibility it offers workers, allowing them to set their own hours and work for multiple clients. Critics argue that gig workers often lack benefits like health insurance and retirement savings, and face income instability. The debate raises fundamental questions about the future of employment and worker protections.
Which choice best summarizes the text?
The gig economy is universally beneficial for all workers
The gig economy offers flexibility but raises concerns about worker security
Traditional jobs are completely obsolete
Uber is the only gig economy company
Correct Answer: B
Choice B is the correct answer. The text presents both benefits (flexibility, choice) and concerns (no benefits, income instability).
- Evidence: Supporters cite flexibility; critics cite lack of protections.
- Reasoning: Balanced presentation of advantages and disadvantages.
- Conclusion: Flexibility vs. security trade-off is the key tension.
Choice A is incorrect because significant concerns are raised. Choice C is incorrect because this isn't claimed. Choice D is incorrect because Fiverr is also mentioned.