virus economy isolate Coronavirus

Doing business in isolation likely to be the norm soon

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The coronavirus pandemic has forced everyone to adopt drastic social distancing and isolation measures. Will these measures lead to the creation of an isolation economy and spell the decline of the sharing economy?

Mint takes a look at what lies ahead 1. How does a sharing economy function? A sharing economy is the idea that we do not need to own everything we use and that it is more efficient to share and use such assets when needed.

It is all around us, whether car sharing through Ola or space sharing through Airbnb. The benefit for the user is not having to invest upfront in ownership of assets that might be used sporadically.

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