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This quiz consists of 5 multiple choice and 5 short answer questions through Conspicuous Consumption.

Multiple Choice Questions

1. What happens to the standard of wealth over time?
(a) It declines as efficiencies make wealth easier to obtain.
(b) It keeps increasing as society becomes more efficient.
(c) It remains the same until technology increases efficiencies again.
(d) It changes as trends change.

2. What kind of leisure is created by inheritance?
(a) Marginal leisure.
(b) Super-leisure.
(c) Vicarious leisure.
(d) Obligatory leisure.

3. What does Veblen say was the earliest form of ownership?
(a) Ownership of women.
(b) Ownership of songs.
(c) Ownership of land.
(d) Ownership of hunting rights.

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

5. What incentive does Veblen say results from the desire to own property?
(a) The incentive to work.
(b) The incentive to marry.
(c) The incentive to fight over property.
(d) The incentive to have children.

Short Answer Questions

1. When did the leisure class become part of society?

2. Which employments were associated with a lower status?

3. What are signs of vicarious consumption?

4. What does Veblen say happens to cultures that develop knowledge and tools?

5. What distinction does Veblen say emerged between types of labor in cultures that had a leisure class?

(see the answer key)

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