๐ Written Ability Test (WAT) / Essay Analysis Guide: Can the Sharing Economy Improve Access for Low-Income Populations?
๐ Understanding the Topicโs Importance
๐ก The sharing economy impacts sectors like housing, transport, and delivery, directly linking to issues of equity and inclusion. It is a vital topic for B-schools, connecting business models with societal impact.
๐ Effective Planning and Writing
- โฑ๏ธ Time Allocation:
- ๐ Planning: 5 minutes.
- โ๏ธ Writing: 20 minutes.
- ๐ Review: 5 minutes.
๐ Introduction Techniques for Essays
- ๐ Contrast Approach: “While the sharing economy democratizes access, its benefits often elude rural, low-income populations.”
- ๐ก Solution-Based Approach: “By combining technology and underutilized assets, the sharing economy presents a path to reducing poverty, if inclusion challenges are addressed.”
๐ Structuring the Essay Body
- ๐ Achievements:
- โจ Highlight platforms like Uber and Airbnb reducing costs and improving accessibility.
- โ ๏ธ Challenges with Comparative Analysis:
- ๐ Discuss the digital divide in India compared to Estonia’s universal internet access.
- ๐ Future Outlook:
- ๐ Recommend increasing digital literacy and regulatory frameworks to safeguard inclusivity.
๐ฏ Concluding Effectively
- โ๏ธ Balanced Perspective: “While promising, the sharing economyโs success depends on ensuring inclusivity and protecting worker rights.”
- ๐ Global Comparison: “Learning from Estonia and China, India can expand its sharing economy by enhancing digital infrastructure and regulatory clarity.”
๐ Sample Short Essays
- โ๏ธ Balanced Perspective: “The sharing economy enables low-income populations to access affordable goods and services. However, its reliance on technology and exploitation risks necessitate targeted interventions to ensure inclusivity.”
- โจ Solution-Oriented: “Through regulatory support and digital infrastructure, the sharing economy can bridge gaps in access, empowering underserved populations sustainably.”
- ๐ Global Comparison: “India can learn from Estonia’s universal digital access to make the sharing economy more inclusive for its low-income citizens.”