Congratulations! you are one of the youngest entrepreneurs in the united states. using complete sentences, compose a short business plan that explains your company. make sure to include the name of your business and to answer all three economic questions about your product.

The database system allows the creation of a single depository of information, which is updated periodically and which can be used simultaneously by many users, since this type of system allows the effective sharing of all data stored in its depository . In addition, this is a secure system and is very difficult to break into. This is because of the efficiency of the software used to maintain it. However, the use of these softwares can be a little complicated for users, in addition to requiring a high economic cost to obtain them.

The traditional file system, in turn, each user must obtain their own file related to the application they want to run. This may seem dull in comparison to the database, but it is advantageous as it does not require any spending on software, as it is simple and there are several cheap and efficient tools and editors on the market. However, this system is not so safe, it can cause isolation of data and even data inconsistency, which disrupts the entire system.