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Sharing economy - explained

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The Sharing Economy (sometimes also referred to as the share economy, shared economy, mesh, collaborative economy, collaborative consumption) is a socio-economic system built around the sharing of human and physical assets. It includes the shared creation, production, distribution, trade and consumption of goods and services by different people and organisations. These systems take a variety of forms, often leveraging information technology to empower individuals, corporations, non-profits and government with information that enables distribution, sharing and reuse of excess capacity in goods and services.

Reference: http://en.wikipedia.org/wiki/Sharing_economy

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