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This quiz consists of 5 multiple choice and 5 short answer questions through The Belief in Luck.

Multiple Choice Questions

1. How does a belief in luck have an effect on efficiency?
(a) It fills people with idle hopes.
(b) It is a deviation from matter-of-fact sequences.
(c) It shifts people's attention to nonmaterial forces.
(d) It consumes time in speculation.

2. What does the belief in luck accompany?
(a) Resistance to industrialism.
(b) Loss of faith in religion.
(c) Belief in immortality.
(d) Development of status.

3. What effect does Veblen say gambling has on industrial efficiency?
(a) It increases industrial efficiency.
(b) It motivates people by increasing debt.
(c) It is a hindrance.
(d) Its effect is unpredictable.

4. To what agency does Veblen attribute industrial man's faith in luck?
(a) The unseen hand.
(b) Spirits of a place.
(c) The spirit of the times.
(d) God.

5. What do expensive handmade clothes have that cheap imitations do not?
(a) The aesthetic quality of the original.
(b) Patented features.
(c) The signature of the maker.
(d) More authentic components.

Short Answer Questions

1. What is reserved for the leisure class?

2. What aspect of man's character does gambling originate in, according to Veblen?

3. Who performs the most vicarious consumption, according to Veblen?

4. What kind of value does Veblen say gambling has?

5. What clothes should members of the leisure class wear?

(see the answer key)

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