Event-driven Model in C with Sockets
"what is the philosophy behind this model"
Event driven means there is no "monitoring", but that the event itself initiates the action.
Usually this is initiated by an interrupt, which is a signal to the system from an external device, or (in the case of a software interrupt) an asynchronous process.
https://en.wikipedia.org/wiki/Interrupt
Further reading seems to be here:
https://docs.oracle.com/cd/E19455-01/806-1017/6jab5di2m/index.html#sockets-40 - "Interrupt-Driven Socket I/O"
Also http://cs.baylor.edu/~donahoo/practical/CSockets/textcode.html has some examples of Interrupt-Driven Sockets, as well as other socket programming examples.
You definitely must read the following: http://www.kegel.com/c10k.html. That page is the perfect overview of event-driven and asynchronous techniques.
However, a quick & dirty answer: event-driven is neither non-blocking, nor asynchronous.
Event-driven means, that the process will monitor its file descriptors (and sockets), and act only when some event occurs on some descriptor (events are: data received, error, became writeable, ...).
BSD sockets have the "select()" function. When called, the OS will monitor the descriptors, and return to the process as soon as some event on one of the descriptors occurs.
However, the website above has much better descriptions (and details about the different APIs).