lesson 11 - psychology and the economy

Question 1

how can social influence help the economy

Answer 1

research into conformity to prevent risky behaviour
montana had problem w alcohol related car crash amongst 21-34 yr olds. while only 20% had drivers after drinking 92% belived that majority of peers did
so to correct misperception with adverts stating most young adults 4 of 5 don’t drink and drive, alc related car crashes were greatly reduced
change to have pos impact on economy

Question 2

how can improving memory help the economy

Answer 2

developed cognitive interview
improved accurate info
vastly reduced wasted money and arrests and police time so economy money not wasted

Question 3

how can attachment research help the economy

Answer 3

more research since bowlt cleaning child can only form monotropic bond w mother
recent research shown more importance of father
shows equal responsibility role of both parents
led to flexible working arrangements, modern parents better equipped to maximise income and contribute most effectively to economy

Question 4

how can improving mental health help the economy

Answer 4

report estimated direct cost of metal health issues in yk is 22.5 billion
absence from work costed £15 billion and a third are cause of mental health
so evidence says drug therapies have been essential in reducing cost of mental illness on economy
psychological health and treatments at work mean ppl take better care abr take less time of work so less economic costs