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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 the upper class distinguish itself, according to Veblen?
(a) By selling the proceeds of its labor.
(b) By performing labor efficiently.
(c) By profiting from labor.
(d) By avoiding labor.

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

3. Vicarious consumption reflects whose standing?
(a) The patron's.
(b) The slave's.
(c) The servant's.
(d) The worker's.

4. What does Veblen say was lacking in primitive culture?
(a) A priest class.
(b) The need for drudgery.
(c) A governing class.
(d) Ownership of private property.

5. What consumption articles does Veblen state that the consumer hangs on to the most?
(a) Objects with high exchange value.
(b) Objects with high utility value.
(c) Luxuries.
(d) Necessities.

Short Answer Questions

1. How do standards of consumption change?

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

3. Why do people spend more than they need for physical comfort?

4. What kind of leisure is created by inheritance?

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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