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Match Each of the Following Terms to Its Definition

Question 16

Short Answer

Match each of the following terms to its definition:
I. crowdfunding
II. crowdsourcing
III. cognitive surplus
IV. collaborative consumption
V. private ownership
A. seeking feedback from customers or potential customers
B. sharing a good or service efficiently rather than outright owning it
C. combination of leisure time and access to tools to be creative
D. seeking many donations to raise capital
E. owning an item

Correct Answer:

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