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This quiz consists of 5 multiple choice and 5 short answer questions through Industrial Exemption and Conservatism.

Multiple Choice Questions

1. Selective adaptation governs what?
(a) Who works for whom.
(b) The fashion from year to year.
(c) The display of wealth.
(d) Who survives socially.

2. What does Veblen say happens as technology progresses?
(a) Men have more wives.
(b) Men have more time for prayer.
(c) Men have more time for activities beyond subsistence.
(d) Men have more children.

3. What are the standards of consumption determined by?
(a) Industrial production.
(b) Physical comfort.
(c) Class mobility.
(d) Conspicuous waste and workmanship.

4. Who engages in vicarious consumption?
(a) Men of leisure.
(b) Slaves.
(c) Servants.
(d) Workers.

5. What happens when men come into wealth through peaceful means?
(a) Property becomes an indicator of heritage.
(b) Property becomes the measure of spiritual values.
(c) Property becomes an indicator of success.
(d) Property becomes the subject of competition and warfare.

Short Answer Questions

1. What does Veblen say results from the possession and consumption of goods?

2. Why do people spend more than they need for physical comfort?

3. What force does Veblen say shapes the standard of living?

4. What did men use to display their exploits during the earliest forms of ownership?

5. What does Veblen say happens whenever people acquire a greater ability to pay?

(see the answer key)

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