Short term and long term differences

Question

Accepted Answer

Short term refers to a brief period of time, while long term refers to a more extended period.

Short term goals are achievable within a few weeks or months, while long term goals may take years to accomplish.
Short term decisions focus on immediate results, while long term decisions consider future consequences.
Short term investments have a lower risk but also a lower return, while long term investments have a higher risk but potentially higher return.
Short term memory refers to the ability to recall information for a brief period, while long term memory is the ability to retain information for a longer period.
Short term loans have a higher interest rate but are paid off quickly, while long term loans have a lower interest rate but are paid off over a longer period.

Accepted Answer

Short term- Period of 1 year or less than 1 year

Long term- Period of more than 1 year

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