How is the short term different from the long term in economic terms?

I'm not sure exactly what type of decision you are trying to find short term and long term for, but for business decisions short term is zero to three months, and long term is anything over a year.

Short Term

short term

A short-term visa is usually used for tourism or travels that are temporary in other countries, whereas a long-term visa is typically used for longer residency in these countries. However, the...

Short term memory is where you store stuff that you won't need for a very long time. Long term is the opposite.