PANIC BUYING

panic buying (alternatively spelling panic-buying) occurs when consumers buy unusually large amounts of a product in anticipation of, or after, a disaster or perceived disaster, or in anticipation of a large price increase or shortage.

Panic buying is a type of herd behavior. It is of interest in consumer behavior theory, the broad field of economic study dealing with explanations for "collective action such as fads and fashions, stock market movements, runs on nondurable goods, buying sprees, hoarding, and banking panics."

a run on sth a situation in which many people suddenly buy a particular product:

There's been a run on umbrellas because of all this rain.

Today's  activities for students of C2:

1)  Today's word. How difficult was it?  (Don't print it! Don't waste paper!)

2) Today's song. Listen to the song with the lyrics and read the information about it. How do you like it?

  

 3) Read the article about how to wash your hands properly and fill in the 42 gaps with an appropriate word. You can find the missing words in a box at the bottom.     ANSWER KEY  (Do not print it! Don't waste paper!)

4) And, of course, you can do the activities I gave students of C1 yesterday!