|Name: _________________________||Period: ___________________|
This quiz consists of 5 multiple choice and 5 short answer questions through The Pecuniary Standard of Living.
Multiple Choice Questions
1. What allowed a leisure class to emerge?
(a) Improvements in production efficiency.
(b) Exploitation of workers.
(c) Differentiation and specialization of labor.
(d) Expansion of the military.
2. How does the upper class distinguish itself, according to Veblen?
(a) By performing labor efficiently.
(b) By avoiding labor.
(c) By profiting from labor.
(d) By selling the proceeds of its labor.
3. What does Veblen say comprises people's standard of living?
(a) Their debt.
(b) Their habitual expenditures.
(c) Their necessary consumption.
(d) Their luxuries.
4. Who engages in vicarious consumption?
(a) Men of leisure.
5. What aspect of culture was a condition for the development of a leisure class?
(a) Subsistence could be obtained without the entire community.
(b) Community standards of decency had to be fairly loose.
(c) The entire community had to be involved in earning subsistence.
(d) The goal of a good life had to involve hard work.
Short Answer Questions
1. What does Veblen say makes wealth desirable?
2. What are the standards of consumption determined by?
3. What standard does Veblen say guides people's behavior?
4. What did men use to display their exploits during the earliest forms of ownership?
5. What does Veblen say is the motive for ownership?
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