In the context of technology, identify a true statement about collaborative consumption.
A) The cost of purchasing products or services is borne by one individual.
B) The ownership of the assets is transferred to the user.
C) It revolutionizes manufacturing by making a physical object from a three-dimensional digital model.
D) It enables people to earn and save money by sharing goods and services.
E) It is an expensive form of trading.

Question

Quizplus · Accepted Answer

Collaborative consumption, also known as the sharing economy, allows individuals to share access to goods and services, often facilitated by a community-based online platform. This model enables people to earn money by renting out their possessions or offering services, and others to save money by accessing these shared resources instead of owning them outright.

In the Context of Technology, Identify a True Statement About