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- Life chances is a political theory of the opportunities each individual has to improve his or her quality of life. The concept was introduced by German sociologist Max Weber. It is a probabilistic concept, describing how likely it is, given certain factors, that an individual's life will turn out a certain way. According to this theory, life chances are positively correlated with one's socioeconomic status. Opportunities in this sense refer to the extent to which one has access to resources, both tangible ones such as food, clothing and shelter, and intangible ones such as education and health care. Quality of life comprises the individual's ability to procure goods, have a career and obtain inner satisfaction; in other words, the ability to satisfy one's needs.
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"life chances." Anagrams.net. STANDS4 LLC, 2024. Web. 2 May 2024. <https://www.anagrams.net/life%20chances>.
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