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Psychology of Panic Buying
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Psychology of Panic Buying

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Questions and Answers

Fear can cause people to behave ______ in times of uncertainty.

irrationally

During the pandemic, panic buying took the form of people flocking to stores to stock up on ______ goods.

essential

Some even sought to profit off of shortages by price gouging ______ paper and hand sanitizer.

toilet

Narcissism is a trait characterized by a heightened sense of self-importance and a lack of ______ for others.

<p>empathy</p> Signup and view all the answers

Status consumption is the tendency to purchase items that confer social prestige or ______.

<p>dominance</p> Signup and view all the answers

Egalitarians prioritize a more ______ and balanced approach to life.

<p>community-oriented</p> Signup and view all the answers

Conformists are influenced by a moderate fear of missing out and a high fear of ______.

<p>embarrassment</p> Signup and view all the answers

Communal egoists display moderate levels of ______ and psychological entitlement.

<p>narcissism</p> Signup and view all the answers

Agentic egoists are characterized by high levels of ______ and psychological entitlement.

<p>narcissism</p> Signup and view all the answers

A significant lesson we've learned from the COVID-19 pandemic is the importance of being ready for the ______.

<p>unexpected</p> Signup and view all the answers

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