AP PSYCHOLOGY

Detailed explanation-1: -The impacts of unemployment on families include poverty and hardship, strained relationships, poorer health (although the causal relationships are not always clear), and housing stress. Unemployment could also harm children’s development and employment futures.

Detailed explanation-2: -Unemployed individuals not only lose income but also face challenges to their physical and mental health. There are societal costs of high unemployment. Governmental costs go beyond the payment of benefits to the loss of the production of workers, which reduces the gross domestic product (GDP).

Detailed explanation-3: -Aside from the obvious financial anguish it can cause, the stress of losing a job can also take a heavy toll on your mood, relationships, and overall mental and emotional health. Our jobs are often more than just the way we make a living. They influence how we see ourselves, as well as the way others see us.

Detailed explanation-4: -To begin with, in a family where both parents are working and not able to spend quality time, their children are often lacking necessary support and supervision. Over time, it will make them demoralized, and have serious effects on their academic performance.