How does divorce affect the economy?

How does divorce affect the economy?

Divorce Slows Economic Growth Another factor that affects economic growth is the increase in total households. When couples are divorced, more housing, power, and resources are required. The more the divorce rate increases, the more adverse the effect on the economy.

How does divorce affect children long term?

The following are some of the most commonly seen long-term effects of divorce on children: Increased chance of sexual promiscuity and drug use: Teens who are children of divorce are more likely to engage in sexual intercourse and participate in drug or alcohol use than those with intact families.

What is the impact of divorce on families?

The primary effect of divorce (and of the parental conflict that precedes the divorce) is a decline in the relationship between parent and child. Immediately after a divorce, most parents have two sets of problems: their adjustment to their own intrapsychic conflicts and to their role as a divorced parent.