Economic Stress Social Psychological and Family Function

Economic Stress Social Psychological and Family Function

Economic stress is one’s feeling of stress due to their finance’s current state of fear about the economy. Even though some stress can be beneficial, such as providing you with the initiative and energy to take necessary steps or encouraging you to challenge yourself, economic stress can be destructive, particularly for families. Researches have shown that economic stress can be caused by various factors such as job loss or home, changes in the family budget and incomes, and dissatisfaction with financial resources. Economic stress increases the likelihood of mental disorders, behavioral problems, and psychological health problems, representing a substantial public health concern. Indeed, when children grow up in an economically disadvantaged household, they are faced with a wide range of adjustment difficulties. Studies suggest that economic stress and hardships may influence a child’s development through disrupted family processes like marital distress and harsh parenting. As to the Family Stress Model, the family functions or processes may act an essential function in mediating the possible economic disadvantages on the child’s outcome (Liu et al., 2021). Family Economic Stress Model proposes that several family processes meditations, such as parenting practices, marital relations, emotional distress, and perceived economic stress, indirectly influence children and adolescents’ developmental outcomes.