the economy and psychology

• What is the main focus of the video on research methods in psychology?

  Impact of psychological research on the economy
• How has psychological research influenced 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 are two key factors for increasing consumption in the economy?

  Desire to buy and tax compliance
• What did Rutter's research on Romanian orphans demonstrate?

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

  Better advice on child-rearing and visiting hours
• What is the purpose of the social influence nudge unit?

  To improve tax collection and recycling
• How do companies like Facebook use psychological theories?

  They apply operant conditioning to engage users
• What is variable ratio reinforcement and its effect?

  It drives compulsive behavior through unpredictability
• 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?

  It led to more careful use of eyewitness evidence
• Why is improving the criminal justice system beneficial for the economy?

  It saves government money in the long run
• What are some other areas where psychological research has improved society?

  • Physical health
  • Relationships
  • Advertising
  • Human resources
  • Productivity
  • Educational techniques
• What resources are available for patrons on psycboost.com?

  Bonus resources and tutorial videos
• How does the support from patrons benefit psycboost?

  It allows part-time teaching and content creation
• What is the focus of the next research methods video mentioned?

  Reliability