What is the difference between crowd sourcing and crowd funding? a) crowd sourcing carries fewer risks

b) crowd funding had money back guarantees

c) crowd sourcing was replaced by crowd funding

d) crowd funding has a financial aspect

a) crowd sourcing carries fewer risks

Explanation:

Crowd sourcing: The term "crowd sourcing" is described as a phenomenon that encompasses the procedure of sourcing skills or information or some end products from a particular group or groups of different people.

Crowdfunding: The term "crowdfunding" is described as a phenomenon that encompasses the procedure of sourcing funds or money from a specific group of groups of different people.

In the question above, the correct answer is option a.

answer; normative economics;

consumer credit. an advantage is that it allows consumers to afford expensive goods and services now, increasing their standard of living. however, a disadvantage is that it creates a trap for debt, if people do not have self control, they may see themselves filing personal bankruptcy.