The sharing economy can be described as various socio-economic systems that enable consumers to participate in the production, distribution and consumption of goods and/or services. Individuals and organizations including for-profit enterprises, social enterprises, cooperatives, local communities and non-governmental entities that are utilizing the sharing economy may usually rely on the Internet technologies, particularly on the digital platforms like social media networks, to facilitate the distribution, sharing and reuse of (excess capacity) products or services.
Technology firms like AirBnB and Uber, among others, facilitate the trading activities between service providers and the customers, as they provide them with their electronic and mobile platforms to make their transactions.
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