Learn in the textbookSNS and the Data-Utilization Society
DefinitionThe sharing economy (シェアリングエコノミー) is an economic system in which individuals or companies lend or offer idle assets, or people's skills and spare time, to others through online matching.
ExplanationFor users, the benefit is not having to own things they rarely use. For providers, goods and time that sat idle turn into income.
Memory hookA word made by joining share and economy.