The sharing economy is an economic model defined as a peer-to-peer (P2P) based activity of acquiring, providing, or sharing access to goods and services that is often facilitated by a community-based online platform.

and perhaps the preference -- of individuals to rent or borrow goods rather than buy and own them.

• Peer-to-Peer Lending (SoFi, MoneyTap)

• Crowdfunding ( Milap, Impact Guru, Give India)

• Apartment/House Renting and Couchsurfing (Airbnb)

• Ridesharing and Carsharing (Ola, Uber, Bounce)

• Coworking (WeWork)

• Reselling and Trading (Amazon, Olx)

• Knowledge and Talent-Sharing (Fiverr, Upwork)

• Cheaper Goods and Services

• Extra Income for Providers

• New and Better Opportunities

• Stronger Communities

• Privacy/Safety Concerns

• No or Few Guarantees

• Market Distortions

• More Ways to Earn and Save Money

• More Flexibility in Work and Life

• Less Worry About Valuable Possessions and Obligations

• More Adaptable Businesses