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kirza4 [7]
3 years ago
7

b) What role does consumer psychology play in bank runs? _______________________________________________________________________

____________________________________________________________________________________________________
Social Studies
1 answer:
oksian1 [2.3K]3 years ago
7 0

Answer:

As consumer phycology is the study of how or why people buy things or goods, it is a useful tool to seek what are the patterns that potential customers are likely to follow aiming to sell the bank services such as bank runs.

Explanation:

By using the influence of marketing, and external stimuli to convince possible clients to purchase, based on studies and their findings, which can help banks marketing executives to figure out how to sell the product or what is the most likely population to work on based on their preferences in order to offer different options to the costumers that can adapt to their needs.

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Answer:

actor-observer discrepancy

Explanation:

Actor-observer discrepancy: In social psychology, the term actor-observer discrepancy or bias is defined as an individual's propensity to attribute his or her actions to some external causes whereas he or she attributes the other person's behavior or actions to some internal causes.

It is considered as a form of attributional bias that leads to develop the way an individual interacts or perceive the other person. It generally covers others and one's behavioral attributions.

In the question above, the given statement is referred to as actor-observer discrepancy.

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3 years ago
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He wrote lots of books and in one of his books, he described Migrants as dangerous new barbarians. This was during the great depression. What he meant by this text is that, a hungry migrant is hungry. But a migrant whose kids are hungry can be dangerous because this individual can go to any length to feed their kids. This indicates an action or behaviour that benefits another or others at some cost to the performer.

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The individual whose studies formed the basis for psychology and psychiatry is
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