Why Is Crowdfunding a Growing Choice for Entrepreneurs

question 76

Multiple Choice

Why is crowdfunding a growing choice for entrepreneurs?

• A)Connecting with people through the Internet demonstrates tech-savviness to later investors
• B)Banks and investors are growing more cautious, so crowdfunding is a more viable option.
• C)All types of entrepreneurs can receive backing to start their own business.
• D)Young investors tend to be more willing to invest.

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Definitions:

Milgram Experiment

A psychological experiment conducted by Stanley Milgram in the 1960s to study obedience to authority, where participants were instructed to administer electric shocks to another person.

Stanford University Prison Experiment

A psychological study conducted by Philip Zimbardo in 1971 at Stanford University, where students were assigned roles of prisoners and guards to explore the effects of perceived power.

Generalization

Drawing a conclusion about a certain characteristic of a population based on a sample from it.

Logical Support

The provision of reasons or evidence to justify a claim or argument.