Python has a compact way to write simple if-else:
# Regular if-else
if age >= 18:
status = "adult"
else:
status = "minor"
# Ternary operator
status = "adult" if age >= 18 else "minor"
The syntax is: value_if_true if condition else value_if_false
Use ternary operators for simple assignments. Don't cram complex logic into them. If you need elif or multiple statements, use regular if-else.