Final answer:
The late-life positivity effect refers to older people focusing on positive aspects of life and memories.
Step-by-step explanation:
The late-life positivity effect refers to the fact that older people tend to focus on positive aspects of life and memories. Research suggests that as people grow older, they tend to prioritize positivity and emotional well-being. This is thought to be influenced by factors such as changes in cognitive processing, emotional regulation, and socioemotional selectivity theory.