Lesson 6 project Is the gig economy here to stay

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Create your Powerpoint presentation for your topic. Is the gig economy here to stay

Instructions and topics are attached are attached.

12 slides total - each person must submit their own PowerPoint to get a grade.

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Explanation & Answer

Attached.

The gig economy.

Is the gig economy here to stay

Definition of the Gig economy.
 Gig economy refers to a labor market characterized by temporary jobs, it is
also a short-term kind of a job.
 Gig economy is based on a technology platform
 Gig economy can be termed as a sharing economy
 Gig economy can also be defined as an environment where people do
separate jobs and are paid separately.
 Gig economy contains a number of advantages his includes:

Advantages of the Gig economy.
 Gig economy helps to save resources this includes office space and
training since there is common sharing of resources.
 It reduces unemployment level.
 It also enhances economic growth and productivity.
 Gig economy also leads to production efficiency and competitiveness
since work is done individually.
 Gig economy has led to economy integration and increases in its size since
the interaction from different individual from different country leading to
mixed economy.

Is Gig economy here to stay?

 economy offers freedom to individual working in that sector to be their own
boss.
This Is possible because everyone works as individually thus you can set the
time you want to tackle the task.
Gig economy ensure that there is individual supervision.

Is Gig economy here to stay
 Gig economy can only can only be here to stay if we value time more than
possession.
This is based in the situation that we need everything now.
Time is a very crucial element to every human being.in other words time has
never been sufficient people .

Hence they try hard to invest a lot to achieve more at a very short period of
time.

Is Gig economy here to stay

 Gig economy existence depends on the overall economy.
In that if there are policies that weaken the labor market, such higher interest
rate this will contribute to the stay of the Gig economy as many unemployed
workers will be desperate to work with the gig economy.
Gig economy can only succeed in presence of a weak labor.

Is Gig economy here to stay
 Government provision of policies to allow establishment of innovative trade
unions will also allow Gig economy to stay.

This policies will enable gaining of benefit by the gig workers in the
cooperation.
This will also ensure collective bargaining by the gig workers through online
application where they share information

 The stay of the gig economy can be contributed by the growth of the
online platforms.

Growth of the online platforms leads to increased ...


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