Youth Adaptation during the Current Great Economic Recession in Greece

During the past eight years the international community experienced one of the deepest economic recessions since the Great Depression of the 1930s. It was triggered by a financial meltdown that started in the United States but soon spread around the globe. Great economic recessions involve aggregate or systemic shocks that occur in the wider economy of countries. They differ from idiosyncratic economic shocks in that large segments of society are affected simultaneously and systematically (Lundberg & Wuermli, 2012). Individuals and families experience such shocks through job loss, a decrease in income, debt, repossession of houses, and evictions, which lead to economic pressure and uncertainty.