Track Gig Economy’s Influence on the Demand for Money Lenders
The emergence and rapid growth of the gig economy have brought about significant changes in various aspects of the global economy, including financial services. One notable area of impact is the demand for money lenders. The gig economy, characterized by short-term contracts, freelance work, and independent contracting, has reshaped traditional employment models and subsequently influenced the financial behaviors of individuals, leading to both positive and negative effects on the demand for money lenders. The gig economy has provided individuals with…