Sociologists refer to an episode during which the public or the media express concern or fear from a given agent or threat that is exaggerated, out of proportion to, and less serious than its objective danger or potential damage:

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A moral panic refers to a situation where public fear or concern about an issue is disproportionate to the actual threat it poses, often fueled by media coverage. This term best describes the scenario given.

Sociologists Refer to an Episode During Which the Public or the Media