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Question - Read the article: "Airbnb and the Unstoppable Rise of the Share Economy ". A recent trend in the consumer marketplace is the ability for a consumer to share their personal belongings, such as their homes/apartments, autos, tools, bicycles, and so forth. The shared economy has now become a multibillion dollar business.
Explain how this concept is disrupting our traditional economy.
Describe whether the shared economy is creating new value for the consumer or if it is just replacing existing business.
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I have written 1200 words on the shared economy. Sharing economy, also known as collaborative consumption, is a trending business concept that highlights the ability (and perhaps the preference) for individuals to rent or borrow goods rather than buy and own them.
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