The Evidence Shows That,over the Last 25 Years,spending on Research

question 3

Multiple Choice

The evidence shows that,over the last 25 years,spending on research and development in the rich countries has

• A)decreased dramatically.
• B)decreased slightly.
• C)remained constant.
• D)increased in absolute numbers, but decreased as a percentage of GDP.
• E) increased as a percentage of GDP.

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Definitions:

Crowdfunding

The practice of funding a project or venture by raising small amounts of money from a large number of people, typically via the Internet.

Capital

The wealth, whether in money or assets, owned or employed in business by an individual, firm, corporation, etc.

Venture

An endeavor or project that involves risk but is pursued with the expectation of future gains.

Crowdfunding

The method of supporting a project or business by collecting minor contributions from a vast number of individuals, usually through the internet.