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A(n)________ Is an Abstract,simplified Representation of a Real System,allowing Us

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Short Answer

A(n)________ is an abstract,simplified representation of a real system,allowing us to predict some behavior or response using a set of explicit assumptions.


Definitions:

Crowdfunding

A cooperative activity in which people network and pool funds and other resources via the Internet to assist a cause (such as disaster relief) or invest in a business venture (such as a startup).

Raise Capital

The process of generating funds or resources for a business or project, typically through investments, loans, or selling equity.

Public

Pertains to the community as a whole or the people of a society.

Private Equity Capital

Capital funds invested by a private equity firm in an existing corporation, usually to purchase and reorganize it.

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