HEL it’s urgent I’ll brainlist (write it in your own words!!) 1) How is an MLM/pyramid scheme different to a Ponzi scheme?

2) what is the difference between a scam and a Ponzi scheme?

1. Pyramid Schemes are, however, fraudulent schemes, disguised as an MLM strategy. The difference between a pyramid scheme and a lawful MLM program is that there is no real product that is sold in a pyramid scheme. Participants attempt to make money solely by recruiting new participants into the program.

2.The essential difference between the two frauds is that a Ponzi scheme generally only requires investment in something from its victims, with promised returns at a later pay date. Pyramid schemes, unlike Ponzi schemes, usually offer a victim the opportunity to “make” money by recruiting more people into the scam.

a. it led to stricter immigration laws.

the following sets of characteristics describe what we know about the outer plants is c. rocky surface, closet to the sun and larger in size