The sharing economy refers to a shift away from using money to symbolize value and toward free trade of goods and services. This harkens back to a time before civilization, when we would make trades with our friends and fellow tribesmen and women by discussing what we might offer them.
Money is more practical, but it does so at the expense of huge inequality and a slew of other issues. However, trade has resurfaced in a huge manner because to the internet. That's because you can now request goods and services from an entire community from the comfort of your own home. Do you have a task that needs to be completed? Simply use the app to see if someone in your region is ready to do it in exchange for something you can do.
This concept has been the foundation of some of the most inventive firms in recent memory. Here are a few examples...
Uber
Uber is a transportation service that eliminates the need for taxis. The concept is that anyone may join up and then offer rides through the app, and users will have the convenience of choosing their driver based on their charge and distance from them. The bottom line is that taking a ride is now far less expensive, and the taxi business is trembling.
AirBnB
What Uber is to cabs, AirBnB is to hotels. In other words, this is a program that allows you to discover lodging without paying exorbitant hotel prices. You're instead paying to stay in someone's front room, outhouse, or vacation home. And if you have some extra room, there's nothing stopping you from generating some money from it!
Couchsurfing
Couchsurfing takes this idea a step further by allowing users to invite strangers to stay on their couches for free! The only need is that they extend the same offer to other users, ensuring that they have a free place to stay when traveling across the world!
Schpock
Schpock is a 'bootsale app,' which means it allows you to generate money by selling your unwanted items to individuals in your neighborhood. It's a fantastic method to generate money from something little that you wouldn't be able to sell elsewhere, as well as a fantastic way to obtain inexpensive items. You can even trade items directly with each other, eliminating the need for cash!
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