Definition : Sharing economy

The sharing economy, also known as the collaborative economy, is a socio-economic system in which individuals and businesses share resources, goods, and services with one another through online platforms and networks. This concept is based on the idea of utilizing underutilized assets and promoting access over ownership. It allows for the efficient use of resources, fosters a sense of community, and promotes sustainability. Examples of the sharing economy include ride-sharing services, home-sharing platforms, and co-working spaces. This innovative model is changing the way we consume and interact with goods and services, creating a more connected and sustainable world.

Discover the Precise Definitions of Marketing Terms

Generic filters
Exact matches only
Search in title
Search in content
Search in excerpt