Life chances, a concept developed by Max Weber, refer to the opportunities that individuals have to provide themselves with material goods, positive living conditions, and favourable life experiences throughout their lives. These chances are not equally distributed across society but are significantly influenced by an individual's social class, status, and power, as well as other ascribed characteristics such as race, ethnicity, and gender. Weber argued that social stratification creates disparities in life chances, with those in more privileged positions having greater access to resources like education, healthcare, safe housing, and quality employment, which in turn enhance their opportunities for a longer, healthier, and more fulfilling life. Conversely, individuals in disadvantaged social positions often face limited access to these resources, which can negatively impact their life trajectories and overall well-being. The study of life chances is central to understanding social inequality and how social structures shape individual lives and outcomes.