Economic Crises: Types, Causes, Impact On The Family

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Economic Crises: Types, Causes, Impact On The Family
Economic Crises: Types, Causes, Impact On The Family

Video: Economic Crises: Types, Causes, Impact On The Family

Video: Economic Crises: Types, Causes, Impact On The Family
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Recently, the phrase "economic crisis", now past, now coming, is constantly heard by the population. Trouble in financial markets is a fertile start for a variety of experts.

Economic crises: types, causes, impact on the family
Economic crises: types, causes, impact on the family

Types of economic crises

Economic crises fall into two large groups. Non-productive ones are reflected in the shortage of consumer goods. An example of this is the economic crisis of the nineties in Russia, when customers saw empty shelves in stores, food was sold strictly according to coupons, huge queues were formed for essential goods.

Overproduction crises are reflected in the serious prevalence of supply over demand. At this time, most of the population does not have the means to ensure a stable standard of living. That is, there is massive poverty. A typical example of such a crisis is the "Great Depression" in the 1930s.

Causes of economic crises

Currently, the causes of economic crises are the global and uncontrollable craving of people for consumption. The assortment of goods is growing every year: new models of cars, collections of fashion designers, brands of alcoholic and food products. At the same time, as consumption increases, so does the volume of production, and the cost of services and goods also increases. As a result, the mechanisms of inflation are triggered, that is, the depreciation of funds. As a result, national, banking and consumer debts increase. Therefore, there is a situation that the population cannot pay for the previously purchased liabilities.

According to Karl Marx, crisis is an inevitable companion of the capitalist system. It is independent of consumers and corporations. Karl Marx explains the causes of economic crises by the very nature of building relationships that are aimed solely at making a profit.

The impact of economic crises on the family

The emotional background of the family, of course, is affected by the inability to get something that was previously impossible to do without. Therefore, the global crisis of the 30s was called the time of the "Great Depression". People then, according to the description, were numb, doomed, panic, apathetic. Economic crises can also be dangerous for health. Life expectancy drops sharply at a time of constant financial losses and worries about the future. For example, the 2008 US stock market crash coincided with a peak in deaths from heart attacks and cardiovascular disease. However, sometimes such phenomena, on the contrary, are very conducive to the cohesion of family members, their living together.

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