The term _____ is used to capture the market activity involving temporary usage for hire (rentals) as a replacement for traditional ownership.
A) sharing economy
B) personal economy
C) borrowing economy
D) fluctuating economy

Question

Quizplus · Accepted Answer

The term used to describe this market activity is the sharing economy, which refers to individuals sharing their resources and assets for a fee, rather than owning them outright. This includes rentals of homes, cars, and other goods and services.

The Term _____ Is Used to Capture the Market Activity