What Is the Typical Profile of the Crowdfunding Backer

question 11

Multiple Choice

What is the typical profile of the crowdfunding backer?

• A)retirees who enjoy the more direct form of investment
• B)young 24- to 35-year-olds who have an income over $100,000 a year
• C)40- to 60-year-olds with incomes over $250,000
• D)millionaires looking to help the social good

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Definitions:

Exploited

Exploited describes a situation where individuals or groups are taken advantage of unfairly for others' benefit, often under conditions that undermine their rights or dignity.

Modern Economies

Economic systems that are characterized by complex financial markets, significant levels of investment in technology, and interconnected global trade relationships.

Specialized Skills

Abilities or expertise in specific fields that individuals acquire through education, training, or practical experience.

Specialization and Exchange

The economic strategy where individuals or groups focus on the production of limited kinds of goods to trade for other goods.