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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. According to Veblen, new selections of the fittest are driven by changes in what?
(a) Fashions.
(b) Ideas.
(c) Institutions.
(d) Habits.

2. What is the state of the institution with regard to the present moment?
(a) It predicts how people will behave in the future.
(b) It is never fully caught up to the present.
(c) It represents a snapshot of the present moment.
(d) It transcends the present moment.

3. What clothes should members of the leisure class wear?
(a) Clothes that indicate that they inherited their money.
(b) Clothes that indicate that they are friendly with their tailors.
(c) Clothes that indicate that they work because the want to.
(d) Clothes that indicate that they do not work.

4. How does Veblen define conspicuous consumption?
(a) The display of wealth in front of witnesses to wealth.
(b) A refined set of mannerisms displayed while consuming status symbols.
(c) An act of consumption that involves more than one person.
(d) Vulgar or unnecessary displays of wealth.

5. Natural selection of social structure is influenced by the natural selection of what?
(a) Producers.
(b) Capitalists.
(c) Institutions.
(d) Economies.

Short Answer Questions

1. Whose theories influenced Veblen's ideas about selective adaptation?

2. What spiritual need does clothing serve for people?

3. Where did the earliest form of ownership take place?

4. Why does Veblen say women wore corsets?

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

(see the answer key)

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