Final answer:
The process described in the question is known as selective optimization with compensation. According to this theory, older adults identify goals that align with their needs and motives, and then they utilize appropriate resources to achieve a higher level of functioning.
Step-by-step explanation:
The process described in the question is known as selective optimization with compensation. According to this theory, older adults identify goals that align with their needs and motives, and then they utilize appropriate resources to achieve a higher level of functioning. This theory is based on the idea that successful personal development throughout the life course involves the components of selection, optimization, and compensation.