Examlex
The asset-building approach
Nearshoring
The practice of transferring a business operation to a nearby country, often to reduce costs and improve collaboration due to geographical proximity.
Onshoring
The process of returning a business's production or services to its home country from overseas to benefit from domestic advantages.
Gig Economy
A labor market characterized by the prevalence of short-term contracts or freelance work as opposed to permanent jobs.
Sharing Economy
The sharing economy is a socioeconomic system that allows individuals to borrow or rent assets owned by someone else, emphasizing access over ownership.
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