environment medium MCQ

Which of the following is a benefit of 'Sharing Economy' platforms for environmental sustainability?

  1. Increasing individual ownership of goods
  2. Reducing the need for production by maximizing utilization of existing assets
  3. Promoting disposable consumption
  4. Encouraging long-distance transportation of goods

Answer: Reducing the need for production by maximizing utilization of existing assets

Sharing platforms for vehicles, tools, or accommodations can decrease resource extraction and waste by enabling access over ownership, though rebound effects require monitoring.

Topic Circular Economy and Resource Efficiency
Exam Relevance UPSC, SSC
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