Using the Internet to Get Small Donations from Many People

question 9

Multiple Choice

Using the Internet to get small donations from many people to start a business is called ________.

• A) kickstarting
• B) crowdfunding
• C) crowdsourcing
• D) collaborating

---

Definitions:

Store of Value

A function of money allowing individuals to preserve purchasing power for future use.

Asset

Something that is owned by or owed to an individual or a business firm.

Medium of Exchange

An item that is widely accepted in exchange for goods and services, facilitating trade by eliminating the need for a coincidence of wants.

Federal Deposit Insurance Corporation

Insures bank deposits up to $100,000.