![]() ![]() And hopefully after this crisis dies down, we will all recognize that good health for everyone is a baseline requirement for being a prosperous society. That’s true for individuals it’s also true for societies. “The first wealth is health.” That is the quote of the week, and it’s by the poet Ralph Waldo Emmerson, who recognized that good health is the foundation of prosperity. I don’t think there will be quite as much pent-up demand as some movie theater chains are hoping. I think maybe people have gotten their fill of movies and TV shows, if they’re got streaming at home. They’re saying that after the social distancing rules are relaxed, you’ll see people want to go out to the movies because they haven’t been able to do so these last few weeks. ![]() It’s not good to let anger or frustration build inside of you, because one day you’ll need to release all those pent-up feelings.ĭo you think there might be pent-up demand for going to the movies? The movie theater chains are saying there is. Maybe you put on your boxing gloves and go to the gym and release your pent-up frustration or anger that way. What about pent-up frustration? Can you imagine what that is? If you’re frustrated with something-with work, with a friend, with family, with your partner-if you don’t talk it over, if you keep it inside, what happens? It gets worse, and worse, and worse…it builds and builds and builds, until finally…you need to release your pent-up frustration. Then you finally take him out for a long run, and he runs around like a crazy person. It’s been building up, building up, and he just couldn’t release it. The desire to go out and run around and play. What happens if you don’t take your dog out for a walk for a few days? If you’re a dog owner, the image you have in your mind is pent-up energy! If you take your dog out to a park and let him run off-leash after a long rainy week stuck inside, your dog is grateful for the opportunity to release some of that pent-up energy. This happens to adults, too, but I would use “pent-up energy” more often to describe kids or pets. I’ll give you a few other things that can be pent-up. It could be that pent-up demand for better home entertainment is building during the lockdown. So there might be growing-and unsatisfied-demand for large TV’s. A lot of families might have realized that it’s easier and more convenient to stay at home and watch movies instead of going to the theater. Some people say there might be pent-up demand for bigger TV’s. But eventually, all those people who would have bought cars in February, who would have bought cars in March, who would have bought cars in April…all those people are going to go out and start shopping for cars in June, July, whenever the restrictions are lifted. Dealerships are closed and people are not in a car-buying mood. ![]() They need to replace their old ones their families are growing whatever the reason, people buy new cars every month. ![]() That accumulated desire to travel is what we call pent-up demand.Ĭar-buying is one good example. It was building up, more and more each day. They had all this desire that was unreleased. They had the desire and money to take those trips, but they couldn’t because of the travel restrictions. Some was vacation, sure, but a lot of trips people wanted to take were to check on elderly relatives, to return to work, et cetera. After seventy-six days without being able to leave for almost any reason, people had accumulated a long list of travel destinations on their to-do lists. Travel restrictions were lifted in Wuhan, and immediately airlines, trains, and buses had to deal with the pent-up demand for travel. Once that one reason changes, there will be a flood of demand, as everyone tries to buy something all at once. “Pent-up demand” is a phenomenon where people want to buy something, and they have the money to do so, but for some reason they can’t do it. It’s very common to use the expression with the word “demand.” In economic terms, “demand” refers to people’s desires and ability to buy something. Pent-up acts like an adjective and it means “not released” or “confined.” Today’s expression is “pent up.” It looks like a phrasal verb, but I don’t believe it is one. ![]()
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