Burt has been struggling with his health, experienced a recent death in his family, and is behind on most of his payments. He is considering filing for bankruptcy. Which one of
these options might he want to avoid so he doesn't make matters worse?
O Apayday loan
O A credit counseling appointment
O A renegotiated credit
O A pre-paid credit card

Brian has just finished college. he wants to set up a small business to make and sell fireworks. he registers his company and acquires a license from the government. he finds that most of his competitors are selling fireworks at an extremely low price. he would like to make more money, so he decides to innovate and develop better fireworks. he sells his fireworks at a higher price, and they are a huge hit with the customers. after a few years, he earns enough profit to set up a bigger fireworks factory that complies with the government’s health and safety regulations. he even starts exporting fireworks overseas. which type of economy does this scenario describe?