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The Happy Planet Index ( HPI) is an index of human well-being and environmental impact that was introduced by the New Economics Foundation in 2006. Each country's HPI value is a function of its average subjective life satisfaction, life expectancy at birth, and ecological footprint per capita. The exact function is a little more complex, but ...
Social media allows for mass cultural exchange and intercultural communication, despite different ways of communicating in various cultures. [220] Social media has affected the way youth communicate, by introducing new forms of language. [221] Novel acronyms save time, as illustrated by "LOL", which is the ubiquitous shortcut for "laugh out loud".
"Attention economics" treats a potential consumer's attention as a resource. [28] Traditional media advertisers followed a model that suggested consumers went through a linear process they called AIDA (attention, interest, desire and action). [29] Attention is therefore a major and the first stage in the process of converting non-consumers.
Notable works. Organizations and groups. People. Related social movements. See also. v. t. e. In economics and industrial design, planned obsolescence (also called built-in obsolescence or premature obsolescence) is the concept of policies planning or designing a product with an artificially limited useful life or a purposely frail design, so ...
The Doughnut, or Doughnut economics, is a visual framework for sustainable development – shaped like a doughnut or lifebelt – combining the concept of planetary boundaries with the complementary concept of social boundaries. [ 1] The name derives from the shape of the diagram, i.e. a disc with a hole in the middle.
The life course approach, also known as the life course perspective or life course theory, refers to an approach developed in the 1960s for analyzing people's lives within structural, social, and cultural contexts. It views one's life as a socially sequenced timeline and recognizes the importance of factors such as generational succession and ...
Media economics embodies economic theoretical and practical economic questions specific to media of all types. Of particular concern to media economics are the economic policies and practices of media companies and disciplines including journalism and the news industry, film production, entertainment programs, print, broadcast, mobile communications, Internet, advertising and public relations.
The platform economy is economic and social activity facilitated by platforms, typically online sales or technology frameworks. Platform businesses control an increasing share of the world's economy and sometimes disrupt traditional businesses. The most common type of platform economy centres around transaction platforms, also known as digital ...