Explain Restructuring, M&A, Debt & Equity to a 5 year old

Just preparing for a couple of ACs and wanted to know if anyone has a succint answer to each of the above. I was thinking of using a metaphor about lemonade stands to explain economies of scale as a reason for M&A activity (I come from an economics background). Similarly tried doing something for debt and equity, but I can't figure out how I can explain RX in such a manner. Any leads?

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