Cover of the textbook Identity B1+

The key answer of exercise 3

The key to exercise solutions in chapter Trending Topics 7 for the textbook Identity B1+ with authors Elizabeth Sharman from Oxford University Press

Question

Read the Reading strategy. Then answer the questions.

Answer

  1. Originally, crowdfunding was used to fund creative projects such as books or music albums.
  2. JustGiving is a charity website where people can ask for donations to support a good cause.
  3. When people give to a crowdfunding campaign, they usually receive something in return for their money, such as products, experiences, or a share in the business profits.
  4. On some crowdfunding sites, if the fundraising target isn't met within the specified time limit, the money goes back to all the investors, and the project creator ends up with nothing.
  5. Over $10 million was raised for the Pebble first smartwatch.
  6. Investors in the We The Kings album received free concert tickets as a benefit.
  7. It took just a single day to raise the money to make Video Game High School through crowdfunding.
  8. Crowdfunding was used to help E-Jayy DeVaughn by raising around $22,000 on the charity site GoFundMe to support his education expenses, such as books and other necessities for attending Harvard University.