Sternberg's Triarchic Theory of Intelligence proposes three types of intelligence: analytical, creative, and practical. Analytical intelligence involves planning, monitoring, and problem solving. Creative intelligence focuses on developing new ideas and solutions. Practical intelligence applies to selecting and shaping real-world environments. The theory also describes seven types of people based on their balance or imbalance of the three intelligences: The Analyzer, The Creator, The Practitioner, The Analytical Creator, The Analytical Practitioner, The Creative Practitioner, and The Consummate Balancer who achieves the optimal balance.