Economic Trends In Divorce Patterns

Economic conditions are linked to divorce patterns. Recession may lead to either an increase in divorce rate due to the stress mechanism or it might reduce divorce by worsening cost barriers or strengthening family bonds. According to the data, the reverse of the the assumption that divorce rates shoot up when the economic times are bad as discontented couples fight to make ends meet and even the opulent couples struggle is true.

In this paper, we'll study the affect of economic trends on marriage and divorce and the link between divorce and recession. Secondly, we’ll study whether the change in divorce rates is actually due to emotions or because of finances. Thirdly, we’ll examine the link between marriage and income and compare the savings

"The divorce rate dropped during the Great Depression not because people were happier with their marriages, but because they couldn't afford to get divorced."

Researchers claim that this is because divorcing couples are usually worried about their ability to manage their finances with a single income. This forces many couples to prevent divorce during stressful economic periods and just wait until the economy improves. Once the partners are reasonably assured that they will be able to maintain their lifestyle post-divorce, they are far more willing to separate. (Fawell & Fawell, 2014)

This assumption was confirmed to be backed up by more recent data. Divorce rates started raising as the economy began to improve. The effects of this increase could be seen in many sectors. More and more women started joining the workforce as the divorce rate increased and over 5 million new households were established -- a figure which emerged in part due to single households splitting into

The documentary Divorce Corp. clocks the cost of the divorce industry at $50 billion a year, flowing from the pockets of divorcing couples and taxpayers who support the state agencies involved. In the Minnesota Star Tribune, reviewer Gail Rosenblum commented, “Although only a small percentage of divorces go to trial, few couples escape getting scorched by ... an adversarial legal system, where the money monster sucks any potential goodwill from once loving couples. With divorce lawyers admitting on camera to charging up to $950 an hour, what’s their hurry to get to a resolution? The pain only intensifies when children are