Asked by Waleed Abdullah on Jun 19, 2024

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Jade owns a car that he rarely uses. He prefers using public transportation for his daily commuting needs. Jade decides to use the service provided by BestRentals, a car-sharing service, to rent his car to people looking to hire a car. BestRentals helps Jade connect with prospective renters. This scenario best exemplifies the system of _____.

A) business triage
B) a distributed partnership
C) security freezing
D) a shared economy

Shared Economy

An economic model where assets and services are shared between private individuals, typically via the internet.

  • Comprehend the foundational principles and influence of the sharing economy and peer networking on various fields.
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KW
Katelyn WilliamsJun 22, 2024
Final Answer :
D
Explanation :
The scenario where Jade rents out his car through BestRentals, a car-sharing service, exemplifies a shared economy. This economic model involves individuals sharing access to goods or services, typically through a digital platform.