Psychology and the economy

• What is the main focus of the video on psychological research?

  How psychological research has improved the economy
• How has psychological research impacted hospitals and schools?

  It has shaped their operations for efficiency
• What is a simple definition of the economy?

  Production and consumption of goods and services
• Why is a well-educated population important for the economy?

  They can be efficient employees
• What is necessary to encourage a population to consume more?

  Make people want to buy goods and services
• How can psychological research help improve tax collection?

  By influencing people's desire to conform
• What did Rutter's research on Romanian orphans show?

  Lack of maternal affection harms development
• How have hospitals improved due to psychological research?

  By prioritizing maternal contact for newborns
• How has social influence research been applied by governments?

  To improve tax collection and recycling
• What behavioral theory has Facebook applied to engage users?

  Skinner's operant conditioning
• What is variable ratio reinforcement used for?

  To drive compulsive behavior in gaming
• What role do neurotransmitters play in mental health treatments?

  They help develop effective drug treatments
• How has research on eyewitness testimony improved the legal system?

  By developing the cognitive interview technique
• Why is improving the criminal justice system beneficial for the economy?

  It saves government money in the long run
• What are the broader implications of psychological research on the economy?

  • Enhances understanding of human behavior
  • Improves societal functions beyond economics
  • Provides insights for various fields like health and education
• What is the website mentioned for additional resources on psychological research?

  psycboost.com
• What support do patrons receive on Patreon for this research methods unit?

  Access to bonus resources and tutorial videos
• Who is thanked for supporting psycboost on Patreon?

  Students and teachers
• What is the significance of the developer level patrons?

  They support the development of the research unit
• What is the final topic mentioned in the video?

  Reliability