Examlex
Explain life course theory.
Exchange
The act of giving one thing and receiving another, especially of the same kind or value, in return.
Scarce
A condition or situation characterized by the limited availability of resources or goods, leading to competition for their acquisition or use.
Opportunity Costs
The cost of forgoing the next best alternative when making a decision or choosing among options.
Alternatives
Different choices or options that are available in a decision-making process.
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