Within a loosely typed environment, you can store multiple types of data with
a single variable.
For Examples, a variable on one line of code may have the data time value and on
the very next line of code same variable may have a stream value within it.
Loosely typed environments can not enforce type safety. this type of environment
cannot guarantee this because they allow each variable to accommodate any type
of data that can be stored within it. In addition, loosely typed environments do
not use memory every efficiently. because a variable accommodates any possible
type of value. In such a case, when a variable is Initialized or declared the
compiler allocates a large portion of memory to each variable.