For this part, you are allowed 30 minutes to write a short essay on the sharing economy. Your essay should include the benefits the sharing economy can bring and its limits. Write your essay on Answer Sheet 1. You should write at least 150 words but no more than 200 words.
It is universally acknowledged that the sharing economy means that people sell or purchase the unoccupied resources via online transaction. Having been a new trend, the sharing economy is playing a more and more crucial part in our modern life.
There is no doubt that a large number of people benefit a lot from the sharing economy. Above all, it contributes to making good use of the resources. People, who own available stuff and don’t use it for the moment, can sell or rent it to others who need it. Thus, it’s beneficial for both of them, for not only the seller or renter can make money but the purchaser can save money. Moreover, it can make sure that things can be used as many times as possible instead of being abandoned. In addition, it helps to build up trust between each other.
However, the rise of the sharing economy leads to the difficult management. For instance, the sharing bikes bring convenience for people, but people place the bikes at random and even occupy the room of the sidewalk. Therefore, how to manage the sharing things is worth considering.