Examlex
An implication of asymmetric information in the insurance market is that people in average health may be encouraged to purchase health insurance.
Chronosystem
A component of the ecological systems theory that emphasizes the role of time and historical context in human development.
Great Depression
A severe worldwide economic depression that took place mostly during the 1930s, beginning in the United States and leading to widespread unemployment and poverty.
Multi-Directional Development
The concept that human development occurs in various directions, indicating gains, losses, growth, and decline across the lifespan.
Discontinuity
A break or gap in a sequence, process, or in continuous development, often leading to a significant change or variation.
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