Terms Beginning With 'g'

Gig Economy

  • January 15, 2020
  • Team Kalkine

The term “gig economy” is used when there is a prevalence of contracts (on a short-term basis) or freelance work in an economy. Gig economy provides several benefits to workers, businesses as well as consumers; however, it can also lead to wearing down of traditional economic relationships between workers, businesses and customers.

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