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What are direct expenditure offsets and how do they influence the effects of fiscal policy?
Psychological Resilience
The ability of an individual to mentally or emotionally cope with a crisis or to return to pre-crisis status quickly, demonstrating adaptability amidst adversity.
Risk Exposure
refers to the potential to encounter harm or loss, which can vary based on socioeconomic status, location, health, and other factors.
Traumatic Experiences
Events or situations that are emotionally disturbing or distressing, which can lead to long-term psychological effects.
Negative Trajectories
Paths or patterns of behavior that lead to detrimental outcomes, often influenced by adverse environmental or personal factors.
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