English
English, 02.09.2020 21:01, haleyrene2663

4. Another commonly cited example of human herd behavior is the phenomenon of stock market bubbles. Large stock market trends often begin and end with a mass frenzy of buying (bubbles) or selling (crashes). Many observers see these stock market trends as examples of herding behavior because individuals are driven by emotion rather than reason to “join the crowd”; greed drives mass buying frenzies, and fear drives crashes. BEHAVIOR IN CROWDS 5. A more obvious example of human herd behavior occurs in dense public crowds or mobs. Crowds that gather because of a grievance or protest can involve herding behavior that becomes violent. Psychologists posit that a “group mind” can overtake a mob and embolden people to act in ways they would not individually, increasing the likelihood that situations become violent. Summarize in 4-5 sentences how herd behavior affects individuals. Use examples from the text to support your answer.

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4. Another commonly cited example of human herd behavior is the phenomenon of stock market bubbles....

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