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

2. What classes does Veblen describe emerging as society developed?
(a) Proletariat and bourgeoisie.
(b) Industrial and nonindustrial classes.
(c) Blue-collar and white-collar classes.
(d) Workers and parasites.

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

4. How does Veblen define leisure?
(a) Anything done outside of work.
(b) Using time in nonproductive ways.
(c) Anything that doesn't produce anything.
(d) Using time in ways that produce entertainment.

5. What does Veblen say happens whenever people acquire a greater ability to pay?
(a) They invest their money in the community.
(b) They buy more items of conspicious consumption.
(c) They improve their quality of life.
(d) They pass their money to their children.

Short Answer Questions

1. What is reserved for the leisure class?

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

3. What consumption articles does Veblen state that the consumer hangs on to the most?

4. What does Veblen say was lacking in primitive culture?

5. What happens when people attain a certain level of consumption?

(see the answer key)

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