Which of the following is defined as something a person intends to achieve in less than one year?

Study for the VirtualSC Economics Honors Exam. Utilize flashcards and multiple-choice questions, each with hints and explanations. Get prepared for your exam!

The definition provided aligns perfectly with the concept of a short-term goal. A short-term goal is specifically characterized by its time frame, which is usually under one year. These goals allow individuals to set smaller, manageable targets that can lead to larger accomplishments over time. For example, completing a project, saving a specific amount of money, or achieving a personal milestone can all be considered short-term goals.

In contrast, long-term goals typically require more than a year to accomplish, while immediate goals are often viewed as tasks that can be completed very quickly, sometimes within a day. Lifetime goals refer to aspirations that one aims to achieve over their entire life, making them broader and more extensive than short-term goals. Understanding these distinctions helps clarify why the correct answer pertains to a short-term goal.

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