The Sharing Economy Reading

What is the sharing economy?

• A system where people rent things or services to others using technology.

• A system where people share their personal belongings for free.

• A government initiative to promote sharing among citizens.

• A traditional way of trading goods and services.

How much is the sharing economy worth annually?

• $20 billion

• $50 billion

• $100 billion

• $10 billion

What is one potential negative impact of the sharing economy on hotels?

• Hotels receive fewer guests and may close down.

• Hotels have to increase their prices.

• Hotels need to hire more employees.

• Hotels are forced to expand their services.

Why might car-sharing sites be considered better for the environment?

• Fewer cars on the roads mean less pollution.

• They encourage people to buy more cars.

• They reduce the need for public transportation.

• They increase the number of long trips taken.

What is a concern about ordering food from individuals through sharing economy apps?

• The food may not meet safety regulations.

• The food is always expensive.

• The food is always unhealthy.

• The food is always delivered late.

What is the predicted worth of the sharing economy by 2025?

• $335 billion

• $200 billion

• $500 billion

• $100 billion

What question does the passage raise about the sharing economy?

• Is it fair?

• Is it profitable?

• Is it popular?

• Is it sustainable?