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This quiz consists of 5 multiple choice and 5 short answer questions through Pecuniary Emulation.

Multiple Choice Questions

1. According to Veblen, property became a prerequisite for what?
(a) Reputation.
(b) Starting a family.
(c) Comfort.
(d) Respect.

2. What did men use to display their exploits during the earliest forms of ownership?
(a) Gold.
(b) Stories.
(c) Enemy women.
(d) War booty.

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

4. What aspect of culture was a condition for the development of a leisure class?
(a) Community standards of decency had to be fairly loose.
(b) The entire community had to be involved in earning subsistence.
(c) The goal of a good life had to involve hard work.
(d) Subsistence could be obtained without the entire community.

5. What does Veblen say makes wealth desirable?
(a) It resolves disputes.
(b) It is honorable.
(c) It provides happiness.
(d) It gives renown.

Short Answer Questions

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

2. What does Veblen say a person's possessions determine in ownership societies?

3. What incentive does Veblen say results from the desire to own property?

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

5. Which cultures exhibited the leisure class?

(see the answer key)

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