The gig economy refers to the trend of companies hiring independent workers on a temporary or project-by-project basis, rather than employing them as regular full-time workers. This type of work arrangement is often facilitated through online platforms that connect workers with companies that need their services. The gig economy is a growing trend, with many […]
In economics, the Lorenz curve is a graphical representation of the distribution of income or of wealth. It was developed by Max O. Lorenz in 1905 for representing inequality of the wealth distribution.
The United States’ economy is a highly developed market economy. It has the world’s largest economy in terms of nominal GDP and net worth, and the second-largest in terms of purchasing power parity (PPP) after China. The United States possesses the world’s most technologically advanced and inventive economy. Its companies are at or near the
Economy of the United States Read More »