Psychological Research Vs The Economy

Question 1

What two pieces of research can be used as an example for findings and implications for the economy

Answer 1

-> attachment research into the role of the father
-> the development of treatments for mental illness

Question 2

Why was the research into the role of the father important for the economy

Answer 2

-> shows that both parents are equally capable of providing the emotional support necessary for healthy psychological development, providing more flexible arrangements in the family
-> means modern parents are better equipped to maximise their income and contribute more effectively to the economy (by paying taxes)

Question 3

Why is the development of mental illness treatment important for the economy

Answer 3

• minimises absence from work (which costs the economy £15 bn a year)
• 1/3rd of absence due to mental health
  Treatment using drugs = more healthy workforce = more money and more money for pharmacies
  -> therefore more tax

Question 4

How has the cognitive interview helped the economy

Answer 4

-> less money spent on wrongful arrests
-> less wasted police time