Examlex
A popular video program used to teach economics to primary school children defines opportunity cost as "what you give up to get something." In light of your understanding of opportunity cost, how would you modify this definition?
Health Insurance
A form of insurance that covers the whole or part of the risk of a person incurring medical expenses, spreading the risk over a large number of persons.
Accident Insurance
A form of insurance that provides compensation and support to individuals in case of physical injury or death resulting from accidental events.
British Poor Law
Legislation enacted in the UK during the 19th century aimed at providing relief for the impoverished and regulating the conditions of workhouses where the poor were housed.
Claude Monet
Claude Monet was a French painter, a founder of French Impressionist painting, renowned for his exploration of light and color, notably in his water lilies series.
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