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Ǐ Business & Economy
Global Issues

A New Wave of Sharing Economy

In 2008, the financial crisis of the world a product or a service without owning it. Car

caused the economy to be stuck in a slow sharing is a typical example.
growth and the youngsters to suffer from The next kind is based on redistribution. It
unemployment problems. It eventually is basically a secondhand market which the

led people to reduce squandering and to owner can yield his/her property that is not
regard rational consuming behavior as more necessary at the moment to another person who
important than before. Another reason why the requires certain product or service.
mechanism of sharing economy prospers is The last system is called collaborative
that the development of IT focused in SNS and lifestyles. It refers to CPMS (commercial peer-

internet enabled e-commerce between people to-peer mutualization systems) and encourages
to people. cooperation between the customers. AirBnB is
an ideal example of the collaborative sharing

What is sharing economy? economy as one of the most successful startup
Sharing economy is a term defining the with an explosive infl uence.
activities of sharing for some kind of need,
unlike owning a certain product or a service.
It is also called as shareconomy, collaborative

consumption or peer economy. It includes both
material and immaterial things, and can be
classifi ed into three types according to its form

of trade.
The fi rst type is ‘sharing’. Sharing type is a
system of which the consumers can simply use

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