“A shared or sharing economy is an economic system in which assets or services are shared between peers or businesses for free or for a fee. The concept is to enhance the usability of assets, making their lifespan more worthwhile” (Tabcum, 2019). Hit by the COVID-19 pandemic, “today we are at the cusp of a trend, percolating for a while, we are entering the Isolation Economy which is based on the principle that people will travel less to complete everyday activities. Instead, they will be able to complete them just as effectively from their homes” (Mehta, 2020).
Debate which economy can be the future economy in the long run.
Support your claim with theories from the text and scholarly, peer-reviewed, and other credible sources
Discuss if you see them as contradictory economies. Can you think of combining them? There are no right or wrong answers. Get creative and suggest new ideas and remember to provide your thought process and rationale and support your claims with theories you have learned.
Must include an introduction and conclusion paragraph. Your introduction paragraph needs to end with a clear thesis statement that indicates the purpose of your paper.
