Question

Carol and Evan recently had their first child. As two working parents, they struggled to find good, economical child care. As a result, they developed their own software to link parents with licensed, fairly priced child care providers. This is an example of the:_______.

Answer 1

Answer:

Sharing Economy

Explanation:

This is the perfect example of sharing economy, as Carol and Evens find it difficult to fine economical child care, therefore, they decided to link parents and economical child care products providers. In this way, sharing economy is made on the main theme of shared and coordinated consumption. People share different platform here, where all other people take benfits from those shared resources which is frightful for everyone in the end.

Answer 2

Answer:

Sharing economy.

Explanation:

Sharing economy: It is an economic system used by individuals to share goods and services with other individuals by way, this sharing of goods could be free or can be charged for it. Ownership still remains with the owner, however, other pay for using it for a particular period of time. It is a concept of collaborative consumption.

In the given case, Carol and Evan, both are working parents of a child, thus looking for economical child care which helps them to take care of their child. They have developed software to link parents with a license so that they can lend their child to a child care provider, however, real parents will have all the rights of the child intact.