Crowdfunding can best be described as
A) raising funds in a very large market.
B) raising small amounts of money from large numbers of people.
C) many firms competing for the same source of funds.
D) making funds available for a large number of business start ups.

Question

Quizplus · Accepted Answer

Crowdfunding involves raising small amounts of money from a large number of people, usually via internet platforms. It is a way for entrepreneurs to gather capital without the need for traditional funding sources such as angel investors or venture capitalists.

Crowdfunding Can Best Be Described as