shared economy

Access over ownership

A shared economy is an economic system where individuals share access to goods, services, or resources rather than owning them outright.

The term typically describes peer-to-peer platforms that connect people who have something—a spare room, a car, a power drill—with people who need it temporarily: Airbnb and Uber are pillars of the shared economy.

Also called the sharing economy.

Opposites
ownership model

shared economytraditional ownership

Historically recognized property rights

private ownership · individual ownership · sole ownership · sole proprietorship · personal property

economic paradigm

shared economyindustrial economy

Production-centered economic system

consumption philosophy

shared economyconsumerism

Preoccupation with acquiring goods

materialism · throwaway culture · hyperconsumption · conspicuous consumption · consumer culture

Family

share, economy, sharing, economic

Familiarity
Top 500,000
Profile
Used worldwide · Abstract · Rated G