|Name: _________________________||Period: ___________________|
This quiz consists of 5 multiple choice and 5 short answer questions through Industrial Exemption and Conservatism.
Multiple Choice Questions
1. Why do people spend more than they need for physical comfort?
(a) They cannot keep excess wealth.
(b) They want to impress their superiors.
(c) They need to stimulate their local economy.
(d) They conform to a code of decency.
2. What does Veblen say results from the possession and consumption of goods?
(a) Women demand greater rights.
(b) Competitive sports replace warfare.
(c) Debt produces a new class of slave.
(d) Widespread physical comforts.
3. When did the leisure class become part of society?
(a) At the same time technology did.
(b) At the same time slavery did.
(c) At the same time ownership did.
(d) At the same time religion did.
4. What happens when men come into wealth through peaceful means?
(a) Property becomes an indicator of heritage.
(b) Property becomes the subject of competition and warfare.
(c) Property becomes an indicator of success.
(d) Property becomes the measure of spiritual values.
5. Who decides what level of consumption is honorable?
(a) The workers.
(b) The merchants.
(c) The aristocrats.
(d) The community itself.
Short Answer Questions
1. Vicarious consumption reflects whose standing?
2. What does consumption yield to the individual?
3. What two classes does Veblen distinguish between?
4. Where does Veblen say scholars fit in the social spectrum?
5. Who performs the most vicarious consumption, according to Veblen?
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