I think it depends on which country you currently belong. Do you live in well-developed, developing, or third world country? Because right now, businesses here in our country seems to bounce back already and the operations are slowly becoming closely similar to that rate prior the pandemic. But disregarding the economic status, one major factor that plays a role in this would be the social status of a person residing in that specific country. Since not everyone is well-off and privileged, some people can only buy what they need or what their money can buy to sustain their necessities in that moment.

If a person is living paycheck to paycheck and is struggling to even put food on their table, they would probably just pick and buy those things that they just need. They won't bother to spend a dime to luxurious things to only suffer and struggle more later on. But to those privileged ones, they could still manage to buy both the things they need and want because they have a spare. It would just up to them if they would indulge in buying unnecessary stuff with their money. Some still do that, while some opt not to and just prioritize their list of goals. So, perspective and goals are also one of those factors that dictate them to either go for it or hold back.