Economic instability has profound effects on family dynamics, particularly during boom and bust cycles. Children often face a lack of emotional support when parents are stressed by job insecurity or financial hardship. This emotional distress can transform not only family interactions but also children's physical environments and opportunities. While unstable economies typically strain households negatively, communities can play a vital role in mitigating some of these effects by providing additional emotional support for children when parents are struggling.
When economic conditions are difficult, children can experience the loss of routine and emotional support.
Boom and bust economies put strains on parents and the children who depend on them.
When parents are languishing during an economic slump, a child's community can support a child emotionally.
It's easy to forget that a changing economy changes the mood inside a family as much as it changes individuals.
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