Examlex
Which of the following terms was used by Levinson to refer to the underlying pattern of an individual's life at a given time,including balances and conflicts among roles,relationships,and behavior patterns?
Human Capital
The skills, knowledge, and experience possessed by an individual or population, viewed in terms of their value or cost to an organization or country.
Physical Capital
The stock of tangible, non-financial assets that are used in the production of goods and services, such as machinery and buildings.
Opportunity Costs
The cost of an alternative that must be forgone in order to pursue a certain action, essentially what is sacrificed to choose one option over another.
Subsidies
Financial support provided by governments to individuals, organizations, or industries to encourage certain activities or reduce costs.
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