Gig Economy, also referred to as “crowdsourcing”, the “sharing economy” and the “collaborative economy”,
Gig Economy , also referred to as “ crowdsourcing ”, the “ sharing economy ” and the “ collaborative economy ”, is where the individuals can market their skill sets (in both unskilled labour market and as skilled professionals) and sell their services online on different platforms or companies. In this GD Topic by MBAUniverse.com read all about Gig Economy Statistics, understand reasons for its massive rise, Pros and Cons, and Impact of Covid 19. With the downsizing trends of talented professionals, the rise of the digital age where the workforce is increasingly becoming mobile and can work from anywhere, and the effect of globalization to create more opportunities, the Gig economy is gaining significant attention in the current generation of the professionals . Today’s economy has created opportunities in the global marketplace for contractors working independently to expand their customers both nationally and internationally and for the businesses to tap the global ma...