Friday, September 28, 2012
how does economic growth effect behavior?
People is modern day culture are always trying to better themselves economically. We try to get the next best thing, and try and make ourselves better off. This drive to be better can significantly have an effect on a persons natural behavior. The question that I am asking is what major roles does psychology play on the economic market? What influences buyers? What do marketers do to sell their product? And Why to people buy the things they do?
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Do people become more confident if they make more money than others?
ReplyDeleteare people happier when the economy is better?
ReplyDeleteWhat are inferior goods?
ReplyDeleteWhat is the different beliefs of Republican or Democrats? How do they behave differently when the economy is good vs when it is bad?
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ReplyDeleteDoes economic growth make people more materialistic?
ReplyDeleteDo people ever buy less when they get more money?
ReplyDeletedoes wealth affect self esteem?
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