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James Branch Cabell has said: The optimist proclaims that we live in the best of all possible worlds, the pessimist fears this is true. Let us see how this statement is correct.

There are three facets how people can explain a situation that leads towards being optimists or pessimists: stable verses unstable: changing across time or unchanging across time. Global verses local: universal throughout one’s life or specific to a part of one’s life. Internal verses external: cause of an event within oneself or outside oneself.Most of us attribute the events in our lives optimistically or pessimistically.

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