Collapse
There is a level of fragility to our economy and economic distress or collapse can have adverse effects on our society. Learn how to be prepared for economic changes.
Collapse is the breakdown of the systems a family counts on, such as jobs, prices, supply chains, and steady government. We gather our guides on economic and political instability here for families who want to stay steady when the economy turns.
The short-term effects of an economic collapse can include increased unemployment, reduced wages, reduced production, increased poverty, and reduced consumer demand. Long-term effects can include increased inequality, decreased investment, increased public debt, increased poverty, and decreased economic growth. Governments may also take measures to address the effects of an economic collapse, such as implementing stimulus packages, providing social safety nets, and introducing economic reforms. In extreme cases, governments may also have to resort to austerity measures, such as increasing taxes and reducing government spending.
Guides to Economic and Political Instability
- Stages: Economic distress builds by degrees, and the levels of economic collapse show how a downturn deepens step by step.
- Readiness: A practical plan helps your family ride out hard times, starting with preparing for economic collapse at home.
- Unrest: Hard times can strain public trust, which raises the question of America on the edge of revolution.
- Civic rights: Citizens have lawful, peaceful ways to respond to government overreach in a democratic republic.
