Memories of Major Disasters or Important Life Events Often Become

question 39

Short Answer

Memories of major disasters or important life events often become __________ memories, which are very vivid and detailed.

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Definitions:

Induced Consumption

Induced consumption is the portion of consumer spending that increases with an increase in disposable income.

Disposable Income

The finance available to households for expenditures and saving after reducing income taxes.

Disposable Income

Money that households can earmark for spending and saving after income taxes are considered.

Consuming Too Much

Consuming too much refers to the act of using or buying more resources or products than are needed, often leading to waste and potential environmental and economic consequences.