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Reflections On COVID-19: FCS and Social Entrepreneurship: Partners in Crisis

Loss of life, unemployment, reduced global trade, and changing consumer behavior could contribute to an economic recession on a scale not observed since the Great Depression of the 1930s, particularly if infection rates spike further (Congressional Research Service, 2020). Micro-level decisions to a...

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Bibliographic Details
Published in:Journal of family and consumer sciences 2020-10, Vol.112 (4), p.61-64
Main Authors: Hopfer, Elizabeth Newcomb, Lee, Sung-Jin, McMillan, Valerie Jarvis, Giddings, Valerie L
Format: Article
Language:English
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Summary:Loss of life, unemployment, reduced global trade, and changing consumer behavior could contribute to an economic recession on a scale not observed since the Great Depression of the 1930s, particularly if infection rates spike further (Congressional Research Service, 2020). Micro-level decisions to alter individual and family purchase behavior through reacting, coping, and adaptation mechanisms will continue to influence macro-level financial uncertainty (Kirk & Rifkin, 2020). [...]many businesses have redirected innovation efforts (which drive growth) toward solving shortterm problems precipitated by the pandemic (Am et ah, 2020). [...]as expressed by Nickols and Kay (2015) in their Introduction to Remaking Home Economics, times of crisis have a way of revealing deficiencies and complexities involved in ensuring basic needs. [...]although the discipline was founded more than 100 years ago, the need for integrated, human-centered (i.e., FCS) responses to converging crises could not be more relevant than it is today. [...]where there is crisis and challenge that affects the human condition, there is great opportunity for FCS professionals to apply their disciplinary expertise and social entrepreneurship skills in research-based, innovative solutions.
ISSN:1082-1651
2331-5369
DOI:10.14307/JFCS112.4.61