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ECONOMIC FACTORS AND MAJOR LIFE EVENTS THAT AFFECT DEVELOPMENT - Coggle…
ECONOMIC FACTORS AND MAJOR LIFE EVENTS THAT AFFECT DEVELOPMENT
Socio-economic
relates to or concerned with the interaction of social (people) and economic (financial) factors.
Income
the amount of money a household receives
Absolute Poverty
refers to people who do not have ability to pay for essential resources like food, clothing, shelter
Relative Poverty
refers to people who can afford basic resources, but little else and deemed poor incomparison to society
Groups more likely to be on a low income
Lone parent families
Unemployed people
elderly
Sick people or those with disability
Impact on Health
Higher risk of illness
Increased likelihood premature death
Lower life expectancy
High processed food diet
Impact on Development
Social exclusion
Low confidence/self esteem
Lack of lifestyle choices
Educational underachievement
Stress is experienced when a person perceives that the demands exceed the personal and social resources the individual is able to mobilise
Body is flooded with hormones that raise heart rate, increase blood pressure, boost energy and prepare themselves to deal with the problem
If stress is prolonged it can interfere with day-to-day activities and become a serious psychological and physical problem making the individual unwell.
Is the Holmes-Rahe Social Readjustment Rating Scale reliable?
Each individual deals with stress in different ways
There is an assumption that everyone is stressed by a particular event in the same way
Is a divorce a stress for both parties?
Major life events are experienced infrequently, but what about other stresses e.g. daily hassles - lost keys?
How useful is Holmes-Rahe Social Readjustment Rating Scale?
It can help identify if someone is at risk of becoming unwell
It can help trigger early support for an individual at risk of becoming unwell, allowing them to cope better
It can help to identify issues, where there are no physical reasons for feeling unwell