What Is the Gig Economy? How is it different from the traditional economy?
A gig economy is against the traditional economy. Opposed to the traditional economy, in a gig economy, temporary jobs are commonplace, and companies tend to employ independent contractors and freelancers instead of full-time employees. This usually happens via an online platform. One advantage of the gig economy is to make work more adaptable. To find out more about the aspects of a gig economy, please watch the video below.