Abstract
This article examines the impact of economic distress on families and analyzes policies and programs that prevent, reduce, and alleviate economic distress. The prevention of economic distress requires job creation and retention programs and an integrated program of income supports. Economic distress may be reduced through reemployment, a shift in the family work effort, or participation in the informal economy. Families cope with economic distress through financial management, decisions regarding family composition, definitional coping, and the use of social supports. Large-scale economic changes and frequent recessions are challenging policymakers, communities, and families to develop creative and innovative strategies to prevent, reduce, and alleviate economic distress.
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