why is economic crisis a social problem?

Question

why is economic crisis a social problem?

Answer 1

It's a ripple effect; Much like a 'trickle down' effect.



Economic crisis means change in social structure- the way in which the institutions of society operate on a daily basis- In the U.S.- from schools (teachers who get laid-off, bus drivers who can no longer keep jobs due to skyrocket gas prices, kids who don't receive the quality of instruction they 'deserve'), supermarkets (due to food transport at a high cost of fuel people can't afford to eat nutritious or even at all while greedy oil company owners sit back, play golf, eat lavishly as they brag about war), mass-media (propaganda which either allows/discourages the economic crisis to occur), religions (which either discourages/encourages that propaganda by promoting bias or not), family (out of job parents who split up, the family environment breaks apart), healthcare (people fall through the cracks if they can't afford medical care while health insurance companies hoard mega profits in a slowing down economy).



Basically, common people get marginalized.. pretty much, it affects Lifestyle.

Answer 2

Economics is the social science that studies the production, distribution, and consumption of goods and services. It is considered a social problem because it involves interacting with people and human life etc etc.

Answer 3

many times whilst there are issues interior of society, the politics of those societies are held responsible for them. it is seen in Germany, whilst social and economic issues persevered lots that a political shift got here about putting Hitler as a answer to those issues. you frequently see the upward thrust of latest political institutions, like socialism or communism, each and every time society is under pressure and can't discover any innovations to economic or social issues including an economic melancholy or social inequality. in actuality, whilst the economic device and society are dealing with issues, populations assume politics to sparkling up them. that's what politicians are around, to be sure that society is functioning. as quickly as there are stresses in society, there are stresses in political order and strikes. The U.S. sees this each and all of the time. Political disaster is taking place now as globalization is taking jobs remote from individuals and the war in Iraq is effecting social fabric. All of those issues are chalked as much as politicians and the present administration. This ends up in a disaster of the thank you to sparkling up particular issues interior the main favorable way. Political disaster many times happens greater frequently in a democracy because of the fact participation, a minimum of theorhetically, is extensive unfold. you do no longer see such political disaster in dictatorships because of the fact dictators rule the way they choose to. no count if social and economic issues might desire to be completely blamed on politicians is yet another query for yahoo solutions! good success.

Answer 4

Because people get POed.