Business A-Level
crowd funding
What crowd funding means in Business A-Level, as defined for AQA.
Definition of crowd funding
Check what you remember
Read the wording for your board, then hide it and explain crowd funding in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: AQA
Replaces one lender with many small backers, who in reward form pre buy the product, in equity form buy shares, and in peer to peer form lend at interest.
Topics that use crowd funding
- Financial management (AQA A-Level)
Related terms
- budgets and trade offs
- competitive advantage
- environmental investment
- equity crowd funding
- Ethical, environmental and technological influences
- ethics and profit trade off
- functional interdependence
- gearing
Using crowd funding in the exam
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