Psychology and the economy

    Cards (20)

    • 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
    • How can psychological research be used by governments and companies?
      To improve the economy through informed decisions
    • What are the benefits of a well-educated and healthy population for the economy?
      • Efficient employees
      • Increased production of goods and services
      • Better overall economic outcomes
    • What is one way to encourage consumption in a population?
      Make people want to buy goods and services
    • Why is it important for people to pay taxes?
      To fund public services and improve society
    • 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 and visiting hours
    • How do governments use social influence to improve tax collection?
      By leveraging people's desire to conform
    • What is the role of operant conditioning in social media engagement?
      It uses rewards to keep users engaged
    • What is variable ratio reinforcement?
      Rewards given unpredictably to drive behavior
    • How have drug treatments for mental health conditions improved the economy?
      They allow people to return to work
    • What has research by Loftus shown about eyewitness testimony?
      It has limitations that require careful use
    • How does improving the criminal justice system affect the economy?
      It saves government money in the long run
    • What are some other areas where psychological research can improve society?
      • Physical health
      • Relationships
      • Advertising
      • Human resources
      • Educational techniques
    • What is the purpose of the tutorial videos mentioned in the video?
      To provide exam tips and worked examples
    • Who supports the development of the research methods unit?
      Students and teachers on Patreon
    • What is the significance of the developer level patrons?
      They access exclusive tutorial videos and resources
    • What is the overall message of the video regarding psychology?
      Psychology has significant social and economic benefits