Final answer:
Elder Jeffrey R. Holland stated that 'hope' is the next most encouraging word after 'faith' in the Christian context, stressing on perseverance and optimism.
Step-by-step explanation:
According to Elder Jeffrey R. Holland, hope is the most encouraging word in the Christian vocabulary after 'faith.' Understanding the significance of these words can help one recognize the fundamental tenets of Christianity, such as perseverance, confidence in God's promises, and a forward-looking optimism despite life's challenges. The essence of faith as described by Elder Holland is not just about belief, but also about the courage to persist and the expectation of good despite adverse circumstances, often signifying an unwavering trust that things will improve.