As a result of the recent economic recession,Bart was laid off from his corporate finance job indefinitely.With little planning,he eventually started his own business as a financial management consultant,helping small business owners keep afloat financially during tough economic times.This is a classic example of

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Necessary entrepreneurship occurs when individuals start their own businesses due to a lack of employment opportunities, often as a result of economic downturns or job loss.

As a Result of the Recent Economic Recession,Bart Was Laid