High and prolonged unemployment can lead to social instability because individuals without wages are unable to participate in the economy, which may eventually lead to demands for systemic change.

Authors

• Person: Not available Organization: LibreTexts
  1.3: Systemic or "Macro" Factors That Affect Financial Thinking

Sources

• 1.3: Systemic or "Macro" Factors That Affect Financial Thinking biz.libretexts.org LibreTexts via serper

Referenced by nodes (1)

• unemployment concept