Examlex
Carlos Gonzalez owns a small manufacturing company that makes ventilation systems used in the construction of office buildings. As the U.S. continues to be involved in wars around the globe, Carlos may notice that his business will be growing more slowly in the future as more money continues to be put into the war effort.
Aspirational Reference Group
The individuals a consumer would like to emulate.
Lifestyle
The interests, opinions, behaviors, and behavioral orientations of an individual, group, or culture.
Free Spirit
A person characterized by a spontaneous, independent, and unconventional lifestyle, often valuing freedom above all else.
Cognitive Dissonance
A psychological phenomenon where an individual experiences discomfort due to holding conflicting beliefs or values, often leading to an alteration in one of the beliefs or behaviors.
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