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Which statement about Web 2.0 is true? Peer production is leveraged to create much of the open source software that supports many of the Web 2.0 efforts. Peer production is leveraged to create much of the open source software that supports many of the Web 2.0 efforts. It is important to joust over the precise definition of Web 2.0. It is important to joust over the precise definition of Web 2.0. It is significant how quickly the Web 2.0 revolution started and failed in a short span of time. It is significant how quickly the Web 2.0 revolution started and failed in a short span of time. Social media turned Wikipedia into one of the most profitable sites on the Internet.

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