Which of the Following Is True with Regards to Crowdfunding

question 49

Multiple Choice

Which of the following is true with regards to crowdfunding?

• A)there is a limited availability of crowdfunding platforms
• B)entrepreneurs are forced to give away considerable amounts of equity
• C)it is becoming a primary source of revenue for many entrepreneurs
• D)Kickstarter is the newest crowdfunding company to emerge in the market
• E)it has been used to fund a wide range of non-for-profit organizations

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Definitions:

Invisible Hand

A metaphor introduced by Adam Smith to describe how an individual's pursuit of self-interest in a free-market economy inadvertently benefits society as a whole.

Allocation of Resources

The process of allocating resources among competing uses or projects in order to achieve desired outcomes.

Poverty Rate

The percentage of the population whose family income falls below an absolute level called the poverty line.

Average Income

The total income received by a group divided by the number of people in that group.