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This quiz consists of 5 multiple choice and 5 short answer questions through The Savage Society of Thorstein Veblen.

Multiple Choice Questions

1. Adam Smith was considered a non-conformist because he refused to do what before classes?
(a) Pray.
(b) Dress.
(c) Prepare.
(d) Lecture.

2. What nationality is Karl Marx?
(a) French.
(b) Brittish.
(c) German.
(d) American.

3. The outright fraud used by wealthy Americans was referred to in publications as __________. (fill in the blank)
(a) Enterprise.
(b) Business as usual.
(c) Greed.
(d) Consumption.

4. What theory explains that higher wages will call forth more workers because higher wages result in better living conditions and lower mortality figures?
(a) Law of Economics.
(b) Law of Accumulation.
(c) Law of Assimilation.
(d) Law of Population.

5. The second stop on Heilbroner's historical journey describes the number of markets visited by one man in 1550, in what country?
(a) America.
(b) England.
(c) France.
(d) Germany.

Short Answer Questions

1. From where did Veblen graduate with a Ph.D?

2. Who presented his theory of economics in Calculus of Pleasure and Pain?

3. According to Marx, which class had something to fear?

4. How old was Veblen when he got his first paying job?

5. What nationality was Veblen's family?

(see the answer key)

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