Identify Specific Situations in Which You Have Experienced a State

question 113

Essay

Identify specific situations in which you have experienced a state of flow.Describe some of the features of those situations that helped you to better understand your personal interests and commitments.

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Definitions:

Central Planning

An economic system in which decisions about production, investment, and distribution are made by a central authority, often the government.

Capital Goods

Long-lasting goods acquired by firms for producing goods and services, including machinery, buildings, and equipment.

Market System

An economic system where the allocation of resources and the distribution of goods and services are determined by supply and demand in a free market.