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Eliza and Samantha work at the Snack Time factory. The company is short-staffed and the employees are finding it difficult to meet the daily production requirements. Both Eliza and Samantha are facing time pressures in their respective departments. Eliza decided to work longer hours to meet the deadline, whereas Samantha tries to distance herself from her problems at work by thinking about the positive things in her life. Which of these coping strategies is Eliza utilizing?
Depreciated Currency
A decrease in the value of a currency in relation to foreign currencies, often due to economic factors or government policy.
Market-based Economy
An economic system where decisions regarding investment, production, and distribution are based on supply and demand, and prices of goods and services are determined in a free price system.
Mercantilist Economy
An economic theory and practice dominant in modern Europe, advocating for governmental regulation of a nation's economy to augment state power at the expense of rival national powers.
Traditional Economy
An economic system rooted in historic practices and customs, relying on barter and subsistence farming, often with minimal use of technology.
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