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Suppose statistical surveys indicate that new orders for manufactured goods and new building permits for single-family homes are declining and that business inventories are rising.This implies economic activity is slowing down and the economy is potentially entering a recessionary period.
Threat
A potential source of harm, danger, or negative outcome, which can be physical, emotional, or psychological in nature.
Challenge
A task or situation that requires a person to engage in effortful behavior to achieve a specific objective or overcome an obstacle.
Gordon Allport
An influential psychologist known for his theories on personality and for being one of the founders of personality psychology.
Traits
Enduring characteristics or behaviors that differentiate individuals from one another, often considered stable and part of one’s personality.
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