Midlife Crisis

(noun)

A term coined by Elliott Jaques in 1965 that suggests it is a time when adults come to realize their own mortality and how much time is left in their lives, prompting a sudden change in behavior

Related Terms

Examples of Midlife Crisis in the following topics:

  • Factors Associated with Divorce

    • Factors that may lead marriages to end in divorce are infidelity, adultery domestic violence, midlife crises, inexperience, and addictions.
    • While not conclusive, the predominate factors that lead marriages to end in divorce are infidelity, adultery domestic violence, midlife crises, inexperience, and addictions such as alcoholism and gambling.
    • A midlife crisis is a term that was coined by Elliott Jaques in 1965 that suggests it is a time when adults come to realize their own mortality and how much time is left in their lives.
    • A midlife crisis is experienced by many people during the midlife transition when they realize that life may be more than halfway over, prompting a sudden change in behavior.

  • The Challenges of Adulthood

    • This crisis is about the risk of establishing close relationships with a select number of others; without them, an individual risks feeling isolated.
    • A quarter-life crisis typically occurs between the ages of 25 and 30.
    • Individuals experiencing a mid-life crisis may feel some of the following:
    • People experiencing a mid or quarter-life crisis generally feel anxious and unsure of themselves and the direction their life is taking.
    • Assess the meaning behind the terms "quarter-life crisis" and "midlife crisis," and the common challenges faced during these years

  • The Refugee Crisis

  • The 1956 Suez Crisis

  • The Cuban Missile Crisis

  • The Financial Crisis of 2008

  • The Financial Crisis of the 1930s

  • Menopause

    • Menopause typically (but not always) occurs in women in midlife, during their late 40's or early 50's, and signals the end of the fertile phase of a woman's life.

  • Current Issues in Finance

    • Current issues in finance include the economic and regulatory impacts of the financial crisis and the growth of new types of finance.
    • The financial institution crisis hit its peak in late 2008.
    • A currency crisis followed, with investors transferring vast capital resources into stronger currencies.
    • The crisis played a significant role in the failure of key businesses, declines in consumer wealth, prolonged unemployment, and a downturn in economic activity in the United States.
    • It also led to a global recession and a sovereign debt crisis in Europe.

  • The Federal Reserve and the Financial Crisis of 2008

    • The Fed responded to the financial crisis with conventional open market operations and unconventional credit facilities and bailouts.
    • In late 2007, the bursting of the U.S. housing bubble triggered the worst financial crisis since the Great Depression of the 1930s.
    • During the crisis, housing prices fell and the number of foreclosures increased dramatically.
    • Others praise the Fed for avoiding an even deeper financial crisis.
    • Summarize the monetary policy tools used by the Federal Reserve in response to the financial crisis of 2008.