My view posits that human actions significantly influence market trends and economic growth through various mechanisms, including social behavior, technological adoption, and consumer choices. My view explores how collective social behaviors can have both positive and negative impacts on individual travel and leisure desires, thereby affecting related market segments.
Furthermore, my view delves into how economic conditions, such as recessions or booms, influence consumer behavior, which in turn dictates the life cycle stages of businesses and overall market dynamics. My view highlights that understanding human behavior is crucial for analyzing demand and supply in product and service markets, determining their viability and value. The decision-making processes of consumers, influenced by factors like product pricing, directly impact tourism services and other industries.My work also touches upon the broader question of whether technology or human behavior is the primary driver of economic development.
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John Lok
I had graduated business Administration Science Degree in Common Wealth Open University. Then, I concentrate on researching whether how economic changing environment can influence our behaviors, e.g. consumer behavior in behavioral economic view. I had researched different behavioral economic topics included how artificial intelligence influences economic environment changes, how artificial intelligence influences consumer behaviors, how disease influences traveler leisure psychology, how economic changing environment influences public transport passenger choice, how e-commerce market influences consumer behavior etc. different books are published. I hoped my readers can make accurate analysis to learn how and why the economic changing environment influences consumer behavior in behavioral economic view.
