Sharing Economy
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Sharing Economy
Sharing Economy is an economic model that involves the collaborative consumption of goods and services, often facilitated by digital platforms. It is based on the principle of sharing underutilized assets, such as vehicles, living spaces, or skills, among a community of users, typically for a fee. This model challenges traditional ownership structures and emphasizes access over ownership. The sharing economy has gained prominence in recent years due to technological advancements, particularly the widespread adoption of mobile devices and the internet, which have made it easier for individuals to connect and share resources. It encompasses a wide range of sectors, including transportation, accommodation, labor, and goods. The sharing economy is often associated with sustainability, as it promotes the efficient use of resources and reduces waste. However, it has also faced criticism regarding issues such as regulation, worker rights, and the potential for monopolistic practices.
sharing, collaborative consumption, access economy, peer-to-peer, gig economy
CITATION : "Robert Anderson. 'Sharing Economy.' Design+Encyclopedia. https://design-encyclopedia.com/define/sharing-economy?E=433052 (Accessed on October 14, 2026)"
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