Question
In: Economics
how has the sharing economy create new visions for resources conservation and recycling activities.
how has the sharing economy create new visions for resources conservation and recycling activities.
Solutions
Expert Solution
Sharing the economy gets to increase the resource scarcity that is already existing as a result of which the resources will be available in very less quantities then before as a result of which you will understand the importance of resources in a more structured manner and this can enable you to to think out of the box and investmentresearch and development can help you to understand how to handle the extreme scarcity and this can be done through conservation of resources and recycling activities and that is the reason why you have to understand that sharing the economy can help the people to understand how to use the resources in a very very conservative manner so that it could not be depleted and preserved for the upcoming generation send for example when you consider the archipelago of Japan water is a scares resource which has been shared by the entire economy and that is the reason why you see some innovative practices like rerouting the water used for bathing to toilet flush so that water wastage is reduced. In this way you can understand how how sharing economy can help you for preserving and recycling measures
Rahul Sunny answered 2 years agoRelated Solutions
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