Changes in ________ Have a Psychological Impact on Consumers, Who

question 127

Multiple Choice

Changes in ________ have a psychological impact on consumers, who tend to spend more when they feel their net worth is rising and postpone purchases when it declines.

• A) automobile prices
• B) fuel prices
• C) the number of people competing for jobs
• D) consumer confidence
• E) home values

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Definitions:

Psychodynamic Personality Theories

A set of theories that emphasize the influence of the unconscious mind and childhood experiences on personality.

Unconscious Forces

Mental processes in an individual that occur without their conscious awareness, influencing feelings, thoughts, and behaviors.

Internal Conflict

A psychological struggle within the mind of an individual, arising from opposing demands or impulses.

Psychodynamic Perspective

A psychological approach that emphasizes the influence of unconscious processes and childhood experiences on behavior.