In 1979,the venture capital industry benefited from what action?

A) an economic boom
B) the ability of a pension fund to invest in venture capital
C) federal fund availability to entrepreneurs
D) the ability of small businesses to offer stock

Venture Capital Industry

The financial sector involved with providing funding to early-stage, high-potential, growth startup companies in exchange for equity or an ownership stake.

Pension Fund

A financial institution that collects and manages employees' retirement savings, investing that money to generate income for future pensions.

Economic Boom

A period of significant financial growth within a country or region, characterized by increased production and consumption.