Explain who was negatively affected by the changes in the economy and what negative effects they suffered.

Changes in the economy could lead to people experiencing negative effects on their daily activities in terms of job security which would be threa tened and put lower-skilled employees out of work and the standard of living will be affected as a result of any sort of economic melt-down.

Certain individuals such as young people, factory workers, and unskilled workers will experience neg ative st rain on their work-life such as losing their jobs because factories, company, industries, and large corporations would want to decease their expense by laying off staff (as seen in today's economy as a result of the pademic), many workers received only small wage increases, expe rienced cut (s) in benefits and companies might decide to hired temporary or contract employees instead of having a full time worker.