Collective consumption means
Collective Consumption refers to the use of resources, services and goods on a broad collective level. We can take public transport, roads, schools, hospitals, libraries etc as an example.
Collective Consumption term is used for sharing of goods and services across a society, group of people or cities.
Collaborative Consumption uses this phenomenon of sharing at a broader level i.e. across a nation or whole Earth.
In both the above terms, there are more use of goods by sharing things in the community. If we use less products then wastage would be low. It will help the whole planet to grow more environment friendly.