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Anita Seems to Take Life as It Comes

question 155

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Anita seems to take life as it comes.When the refrigerator and washing machine broke down in the same day flooding the kitchen,she laughed it off saying,"It could always be worse." She then went and called the appliance repair service.Anita has a _________________ personality.


Definitions:

Market Failure

An instance where a laissez-faire market's distribution of goods and services is inefficient, typically resulting in a reduction of collective social welfare.

Centrally Planned Economy

An economic system where the government makes all decisions on the production and consumption of goods and services.

Market Economy

An economic system where supply and demand from consumers determine the production of goods and services.

Scenario Planning

A strategic planning method that organizations use to envision and prepare for various future scenarios, helping to make flexible long-term plans.

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