Skip to main content

What is a gig economy?

388,352 Views

5,970 Questions Answered

Economics Explained

Let’s Begin…

A 2016 survey of freelancers in six countries found that those who freelance by choice– 70% of respondents– were happier than people in traditional jobs, specifically when it came to things like independence and flexibility in terms of where and when they work. So what does it take to be a successful freelancer? Explore the benefits and drawbacks of the gig economy.

Watch the video and finish the Think section to complete the lesson.

About Economics Explained

Economics has had a huge impact on the world we live in—and understanding the key factors at play in these massive, interconnected systems can give us insight into how to make them better, stabler, and more equitable. Dig into these quick and compelling explainers from TED-Ed and World Economic Forum for a taste of economics in action.

Meet The Creators

  • Video created by TED-Ed
  • Lesson Plan created by TED Ed

More from Economics Explained