Readjustment refers to the act or process of making changes or modifications to something, usually to bring it back into proper order, alignment, or balance. It is often associated with making corrections or alterations in order to adapt and accommodate to new circumstances, situations, or conditions.
In personal and psychological terms, readjustment involves the process of adapting oneself to a new environment, lifestyle, or situation after experiencing a significant change or upheaval. This could be due to relocating to a different place, starting a new job, or going through a major life event such as a breakup, loss of a loved one, or a traumatic experience. The process typically involves acquiring new habits, reestablishing routines, and developing coping strategies to effectively manage and navigate through the changes.
In economic or financial contexts, readjustment refers to the necessary changes and modifications made to restore balance and stability in the economy or a particular sector. This can involve measures taken by governments, policymakers, or organizations to address imbalances, correct inefficiencies, or react to changing market conditions. Economic readjustment may include measures such as fiscal policy changes, regulatory reforms, or restructuring of industries to adapt to new economic dynamics.
Overall, readjustment encompasses the process of making necessary changes, modifications, or adaptations in various aspects to restore order, adapt to new circumstances, or ensure balance and stability.
