What Is a Gig Economy?

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      Lesson summary:

      The story is about Maurice De Bracy, who is in combat with a Black Knight. The Black Knight is revealed to be King Richard the Lionheart of England and De Bracy yields. De Bracy offers King Richard the use of his army of “Free Lances,” mercenary soldiers who work for whoever pays the most. This is a reference to Sir Walter Scott’s novel “Ivanhoe,” which popularized the term “freelance.” A survey of freelancers found that those who freelance by choice were happier than those in traditional jobs. To be successful as a freelancer, you need a skill in demand, to be an entrepreneur by finding work, marketing services, and managing finances, and to budget for benefits. Freelancing has been around for a while, but platforms like Uber, Lyft, and Fiverr have made it easier to find work but also come with hidden costs, such as low earnings and limited flexibility.