Preview

The Sharing Economy

Satisfactory Essays
Open Document
Open Document
559 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
The Sharing Economy
Name: Alicia Torres

The Sharing Economy
Read the article (on pages 8-11) closely, then answer each question below. Write at least two to five sentences for each response, using evidence from the text to support your answers.

1. Describe the author’s purpose in the first two paragraphs of the article.
Renting objects and places

2. Analyze the reasons the “sharing economy” is taking off now, according to the author.
Enjoying a good time with strangers

3. The author writes that “whether the sharing economy is a bane or a blessing really depends who you ask.” What evidence does the author include to support this claim?
It’s both

4. Using evidence from the article, analyze the risks that consumers take when they participate in the sharing economy. Would you be willing to take these risks?
They can take things and they don’t have to ask you.

5. Why does the author predict that the sharing economy could benefit the environment?
It benefit homeless and students that need a place away their parents.

6. Read the “What’s Mine Is Yours (for a price)” sidebar that appears with the article (p. 9 of the magazine). Which of these peer-to-peer businesses do you think have the greatest potential? Explain why, using evidence from the article and your own ideas.
Dogface
Highlight the correct answer.

7. Which of these is NOT an example of a peer-to-peer business in the “sharing economy”?
a. twoTwo retailers splitting a large space to save on rent
b. a commuter using an online app to purchase a ride from a stranger
c. a couple renting out their camping equipment
d. a traveler paying to stay in a family’s spare bedroom while on vacation

8. The rise of the sharing economy coincided with
a. the growth of America’s suburbs in the 1950s.
b. the first Earth Day in 1970.
c. the economic crisis of 2007-08.
d. the loosening of federal laws regulating peer-to-peer apps.

9. For consumers, the sharing economy typically means
a. decreased supply of goods and services.
b.

You May Also Find These Documents Helpful

  • Satisfactory Essays

    4. Businesses choose outsourcing as an alternative to making goods in-house providing in-house services when:…

    • 564 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    2. Supporting Research: Choose one company with an excellent customer service reputation, and one with a poor (or less than perfect) customer service reputation. Compare and contrast the customer service reputations of these two companies. Your paper should address the following questions.…

    • 612 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Answer the following questions that are based on the article reading below. Keep your responses to 1-2 paragraphs (150-300 words) per question. Posts must be clear and concise, and must address the questions being asked. You must also respond to at least one of yourpeers…

    • 548 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Assignment 9

    • 731 Words
    • 3 Pages

    e. Consider the industry of your company and the current economy, and then explain how these factors might impact your company’s sales. If you do not think these factors would impact your sales, explain why they wouldn't. (2-4 sentences. 2.0 points) In the current economy buying supplies might be more expensive than they would in a better economy. Paying for employees would still be about the same. Location might be really rather easy, Deepening on whether or not there’s a pet shop nearby.…

    • 731 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    The second article by Catharine Hamm circles around the fact that the sharing economy is so much more than just about money, in the same way as the first article. Catharine Hamm shares her peer-to-peer experience about when she was on a trip to Denver, where she found out that the sharing economy is about making connections, finding real people and getting insider information to experience a city more fully; “I met the nicest people, ate and slept well, found great office space, took a fun tour and learned a lot about my host city”(p.1, l.30-34). Furthermore, she claims that most of all the sharing economy is about trust, and that the trusting souls are a part of the sharing economy. She describes an experience with Beth Brandstatter through…

    • 215 Words
    • 1 Page
    Satisfactory Essays
  • Satisfactory Essays

    10A2 UnitActivity 1

    • 664 Words
    • 4 Pages

    a. Identify and summarize the arguments made by the writer of each article, and quote the facts provided as supporting evidence. Note at least three arguments and the corresponding facts.…

    • 664 Words
    • 4 Pages
    Satisfactory Essays
  • Good Essays

    Fianl Hum/111

    • 862 Words
    • 3 Pages

    • Select one of the topics below and read both articles that present opposing sides of the argument surrounding that topic.…

    • 862 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    1. Describe at least one global trend that you think offers a business opportunity in the global marketplace. (1-5 sentences. 2 points)…

    • 515 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Seat Belt Research Paper

    • 1264 Words
    • 6 Pages

    2. I believe this article is helpful because I can use the factual evidence and present it in my paper.…

    • 1264 Words
    • 6 Pages
    Good Essays
  • Satisfactory Essays

    eth 125 week three

    • 414 Words
    • 2 Pages

    Write a 100- to 200-word response to each of the following questions. Provide citations for all the sources you use.…

    • 414 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Expansion and Merger

    • 434 Words
    • 2 Pages

    Assume that the industry you wrote about in Assignment 2 wants to expand and that its only option is a…

    • 434 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    sociology summary

    • 1267 Words
    • 6 Pages

    1. What is the central question the author is striving to answer? Where in the article did you find the question? In other words, where are they located in the article?…

    • 1267 Words
    • 6 Pages
    Good Essays
  • Satisfactory Essays

    Write a 100- to 200-word response to each of the following questions. Provide citations for all the sources you use.…

    • 454 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    bullying

    • 792 Words
    • 2 Pages

    3. Idenify three assumptions in the article. In other words, what are three things a reader must assume in order to agree with and appreciate what Tunstall has to say? (3 marks)…

    • 792 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Chaprer3

    • 812 Words
    • 4 Pages

    7. What are the two ways that entrepreneurs assess the likely product demand for the proposed product or service they are analyzing?…

    • 812 Words
    • 4 Pages
    Powerful Essays