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

Multiple Choice Questions

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

2. What does Veblen say a person's possessions determine in ownership societies?
(a) Profession.
(b) Class.
(c) Virtue.
(d) Status.

3. What stage of culture contained the institution of the leisure class?
(a) Late stages of hunting culture.
(b) High stages of barbarian culture.
(c) Late stages of agricultural culture.
(d) Early stages of agricultural culture.

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

5. 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) Subsistence could be obtained without the entire community.
(d) The goal of a good life had to involve hard work.

Short Answer Questions

1. What classes does Veblen describe emerging as society developed?

2. What does Veblen say is the motive for ownership?

3. Private ownership led to what cultural development?

4. What does Veblen say makes wealth desirable?

5. What does Veblen say possessions indicate in an ownership society?

(see the answer key)

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