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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 Veblen explain the change of fashion from year to year?
(a) It is a constantly renewed way to police who is current and who is classic.
(b) It is a form of conspicuous waste.
(c) It is a form of cultural restlessness.
(d) It is a shallow form of bourgeois emulation of different aristocratic idols.

2. What is the term Veblen uses for the belief that a sports event can be influenced by outside factors?
(a) Animism.
(b) Hamartia.
(c) Hamingia.
(d) Mysticism.

3. What does consumption yield to the individual?
(a) Wealth.
(b) Status.
(c) Utility.
(d) Reputation.

4. What kind of value does Veblen say gambling has?
(a) A spiritual value.
(b) A predictive value.
(c) An evolutionary value.
(d) A direct economic value.

5. As leisure classes develop, whom do the marginal men of leisure in the lower ranks affiliate themselves with?
(a) The upper-class women.
(b) The slaves.
(c) The men of leisure in the higher ranks.
(d) The workers.

Short Answer Questions

1. What factor besides luck affects gambling on sports, according to Veblen?

2. Vicarious leisure results in what?

3. Who engages in vicarious consumption?

4. Where is conspicuous consumption most prevalent?

5. What do expensive handmade clothes have that cheap imitations do not?

(see the answer key)

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