Economics A-Level
Labour Market Flexibility and the Gig Economy
What Labour Market Flexibility and the Gig Economy means in Economics A-Level, as defined for Pearson Edexcel.
Definition of Labour Market Flexibility and the Gig Economy
Examination of the shift from traditional long-term employment to flexible, short-term contracts, assessing the implications for worker security, firm productivity, and macroeconomic stability.
Topics that use Labour Market Flexibility and the Gig Economy
- Labour market (Pearson Edexcel A-Level)
Related terms
- Government Intervention and Market Failure
- Wage Determination in Competitive and Non-Competitive Markets
Using Labour Market Flexibility and the Gig Economy in the exam
Definition questions usually carry one or two marks, and examiners look for the precise wording. Write the definition from memory, check it against the version above, and then use the term in a longer answer on the same topic so it sticks.
Practise Economics questions
Create a free account to answer exam-style questions on this topic and get feedback on your answers.
Start free
All Economics A-Level terms7 days Premium · Then free forever · No card, no charge