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This quiz consists of 5 multiple choice and 5 short answer questions through The Pecuniary Standard of Living.

Multiple Choice Questions

1. What does Veblen say comprises people's standard of living?
(a) Their necessary consumption.
(b) Their debt.
(c) Their habitual expenditures.
(d) Their luxuries.

2. How does Veblen say the laboring classes in an agricultural society see work?
(a) It is not undignified.
(b) It is humiliating.
(c) It is the minimum requirement.
(d) It is the means to advancement.

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

4. How does Veblen say the upper classes in an agricultural society see work?
(a) They master it.
(b) They see it as dishonorable.
(c) They idealize it.
(d) They envy it.

5. Where is conspicuous consumption most prevalent?
(a) In rural areas.
(b) In urban areas.
(c) In Paris.
(d) In court.

Short Answer Questions

1. What allowed a leisure class to emerge?

2. What does consumption yield to the individual?

3. What does Veblen say makes wealth desirable?

4. Which aspect of culture was a condition for the development of a leisure class?

5. What does Veblen say was the earliest form of ownership?

(see the answer key)

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