Asked by Ashley Iguina on May 31, 2024
Verified
The Wilsons have a lavish mansion that they reside in. Owing to old age, they avoid using the rooms in the upper floors. A friend suggest that the Wilsons use RentORooms, a lodgings broker, to rent out the unused space to people who are looking out for rented rooms. This scenario best exemplifies the system of _____.
A) business triage
B) the distributed partnership
C) security freezing
D) the peer economy
Peer Economy
An economic system that relies on the sharing or exchange of goods, services, or information among individuals or groups, often facilitated by internet platforms.
- Identify the fundamentals and consequences of the shared economy and peer-to-peer frameworks across different industries.
Verified Answer
CC
Courtney ClementsJun 02, 2024
Final Answer :
D
Explanation :
The scenario exemplifies the peer economy, where individuals rent or share their personal resources, such as rooms in their home, with others in exchange for payment, facilitated by a service (RentORooms in this case).
Learning Objectives
- Identify the fundamentals and consequences of the shared economy and peer-to-peer frameworks across different industries.