_____ is a type of social venture capital whose purpose is typically economic development and job creation in impoverished areas.

A) Focused fund
B) Community fund
C) VC with a conscience
D) Philanthropy fund

Social Venture Capital

Investment funds allocated to startups and enterprises with the primary goal of generating social impact alongside financial returns.

Economic Development

The process by which the economic well-being and quality of life of a nation, region, or local community are improved through targeted initiatives.