The loss of wages that parents sacrifice to raise children are called

Name: The loss of wages that parents sacrifice to raise children are called
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The loss of wages that parents sacrifice to raise children are called opportunity costs. This refers to an alternative option or opportunity that is forgone when choosing one option over the other. In this case, the parents may have chosen to work and earn wages instead of raising children, which is a significant sacrifice that they make.

The Loss of Wages That Parents Sacrifice to Raise Children