Understanding the Sharing Economy

Everything that you would want to know about Sharing Economy is shared in this Info-graphic. One of TIME Magazine’s 10 ideas that will change the world(2011). We believe that the Sharing Economy Model is here to stay. The greatness of the idea is that it empowers each and every person involved in it.
World population will reach 9.3 billion by 2050, and we will not have enough resources for all. In order to tackle this issue of resource scarcity, we must change our consumption model. Enter the Sharing Economy. An Economic Model based on ‘access to’ rather than ‘ownership of’ human assets like time, space and skills, the Sharing Economy is still a foreign idea to many.