Too many choices can overwhelm us and cause us to not choose at all. For businesses, this means that if they offer us too many choices, we may not buy anything.
Sentiment: NEGATIVE
When people have too many choices, they make bad choices.
People aren't able to make decisions anymore because there's too many choices within that decision.
There are times when the presence of more choices can make us choose things that are not good for us. For me the clearest example is that the more retirement fund options a person has, the less likely they are to save for their old age.
As consumers, we are faced with hundreds of choices - and when it comes to books, thousands of choices.
When there's so much choice, it can get overwhelming and it's hard to make a choice.
If you limit your choices only to what seems possible or reasonable, you disconnect yourself from what you truly want, and all that is left is compromise.
Having unlimited choices can paralyze you creatively.
When companies try to guess what consumers want, they essentially make the choice for consumers.
Unfortunately, some of our poor choices are irreversible, but many are not. Often, we can change course and get back on the right track.
In every aspect of life, including the economic dimension, we are always challenged to do the right thing. In many cases in the market system, which allows a great deal of latitude for human choice, people can get carried away to excess.
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