When President Kennedy Chose to Absent Himself from Strategy Discussions

question 98

Short Answer

When President Kennedy chose to absent himself from strategy discussions by his Cabinet during the Cuban Missile Crisis, he avoided the tendency for his Cabinet members to figure out what he wanted and give it to him, thereby avoiding __________.

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Definitions:

Supply

The total amount of a good or service available for purchase at any specified price.

Demand

The level of demand for a good or service, depending on consumers' readiness and capacity to buy at various prices.

Equilibrium

A state in an economy or market where demand equals supply, and there is no tendency for change.

Complements

Goods or services that are used together, where the increase in the demand for one leads to an increase in the demand for the other.