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Airlines Often Offer "Points," Which Are Earned by Flying on a Particular

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Airlines often offer "points," which are earned by flying on a particular airline and can be used for various rewards. This is an example of a lock-in strategy.


Definitions:

Woo Journalists

The act of attempting to influence or curry favor with journalists or members of the media, often to ensure positive coverage.

Gold Standard

The Gold Standard is a monetary system in which a country's currency or paper money has a value directly linked to gold, allowing for the conversion of currency into a specified amount of gold.

Straitjacket

A garment designed to restrain someone, often used to prevent self-harm or harm to others, especially in psychiatric settings.

Economic Strategies

Plans or methods implemented to manage and improve an economy or individual financial standing.

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