Claudia won $560 million dollars in the lottery. She immediately quit her job, bought a penthouse apartment in Chicago, and hired a chauffeur to drive her around while she shopped at high-end stores. Claudia demonstrates the concept of extreme shopping.

A. True
B. False



Answer :

Final answer:

Claudia's actions do not represent extreme shopping but rather an empowerment through a sudden financial gain from winning the lottery.


Explanation:

False

Claudia's actions of winning a large sum of money in the lottery and immediately indulging in luxury purchases like a penthouse apartment and hiring a chauffeur do not demonstrate extreme shopping. Rather, her behavior aligns more with the concept of personal empowerment fueled by the sudden financial windfall.

People buying lottery tickets may exhibit overconfidence bias, thinking they can beat the odds, but statistically, the chances of winning are significantly low compared to potential risks like car accidents. Purchasing lottery tickets symbolizes a hope for financial transformation, not merely extreme shopping tendencies.


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