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Define and Discuss Three Types of Investment Fraud

question 37

Essay

Define and discuss three types of investment fraud.


Definitions:

Social Change

The alteration of social structures, patterns of behavior, and cultural norms over time.

Informal Social Movements

Unofficial collective efforts by people to achieve a common goal, typically aimed at social change, which are less structured than formal organizations.

Privatize

The transfer of a business, industry, or service from public to private ownership and control.

Fad

A short-lived but enthusiastically embraced new cultural element.

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