Cosco chemical, a u. s. corporation, operates a fertilizer plant in honduras. an explosion at the plant killed 30 workers and injured 573 residents from the surrounding areas. lawyers for the victims and their families have brought suit in federal district court in texas, cosco's state of incorporation and base of operations. the lawyers maintain the suits should be heard in the united states under u. s. standards. under the law in honduras, the greatest amount of compensation each victim could recover would be $400. the suit:

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?