The Process of Raising Capital for a New Venture from a Large

question 3

Multiple Choice

The process of raising capital for a new venture from a large audience,usually through the Internet,is called ______.

• A)crowdfunding
• B)penny pinching
• C)crowdsourcing
• D)bootstrapping

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Definitions:

Demographic Transition

The shift from high to low birth and death rates as a nation moves from a pre-industrial to an industrial economic system during its development.

National Incomes

The total earnings from production and services by residents of a country, within a specific time period, including wages, profits, and taxes less subsidies.

Low-Income DVCs

Developing countries with low levels of income per capita, often characterized by economic vulnerabilities.

Demographic Transition View

A theory describing the transition from high birth and death rates to lower birth and death rates as a country develops from a pre-industrial to an industrialized economic system.