Asked by Adeyemi Adeyolanu on May 01, 2024
Verified
Generating capital to start a business with small donations from many people is known as ________.
A) collaborative consumption
B) crowdfunding
C) crowdsourcing
D) venture capital
Crowdfunding
A method of raising capital through the collective effort of friends, family, customers, and individual investors, primarily online via social media and crowdfunding platforms.
Venture Capital
Financing that investors provide to startup companies and small businesses with perceived long-term growth potential.
- Illustrate the contributions of crowdsourcing and crowdfunding to business and technological advancements.
Verified Answer
Learning Objectives
- Illustrate the contributions of crowdsourcing and crowdfunding to business and technological advancements.
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