Examlex
Why are the concepts of reliability and validity important within the context of combating crime and the effective operation of the criminal justice system?
Satisfying Wants
Fulfilling the desires or needs of consumers, often a goal for businesses to meet through the production of goods and services.
Income
A broader term that encompasses money received on a regular basis from work, property, investments, or welfare payments.
Opportunity Costs
The cost of an alternative that must be forgone in order to pursue a certain action; the benefits you could have received by taking an alternative action.
Trade-offs
The concept that in order to gain something, something else must be given up, reflecting the opportunity cost of choices and decisions.
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