1. explain the disadvantages of using a credit card as compared to using a prepaid debit card.

2. beatrix is interested in using a debit card. she is considering opening a bank account that allows her use of a debit card. however, beatrix's friend recommends getting a prepaid debit card. beatrix decides to get the pre-paid debit card because it will save her the trouble of setting up a checking account. evaluate beatrix's decision and justify your answer.

3. brian has a good job that pays well, but he finds that at the end of each month he is struggling to pay his rent. he thinks his problem might be that he spends money too spontaneously on things he does not really need. his friend patrick told brian he should consider switching from a debit card to an atm card to reduce his spending. why might an atm card brian control his spending more than a debit card?

4. in the 1920s, severe droughts caused many farmers to lose their crops. why would this loss of crops have been a major problem for local banks in farming communities?