15 Questions
Who is the author of the book 'The Theory of the Leisure Class'?
Thorstein Veblen
What are the two types of consumption and waste mentioned by Thorstein Veblen in his book?
Conspicuous and vicarious consumption
When did modern consumerism originate in Western Europe?
Before the Industrial Revolution
What economic policies may consumerism refer to?
Economic policies that emphasize consumption
What is the consideration in an abstract sense?
The consideration that the free
According to Thorstein Veblen, what does the leisure class display through their spending habits?
Conspicuous and vicarious consumption and waste.
When did modern consumerism become widespread?
Around 1900.
What did Thorstein Veblen examine in his book 'The Theory of the Leisure Class'?
The widespread values and economic institutions emerging along with the widespread 'leisure time' at the beginning of the 20th century.
In economics, what may consumerism refer to?
Economic policies that emphasize consumption.
What is the primary goal of consumerism as a social and economic order?
The acquisition of goods and services beyond those necessary for survival or traditional displays of status.
Who is the author of the book 'The Theory of the Leisure Class'?
Thorstein Veblen
What are the two types of consumption and waste described by Thorstein Veblen in the book 'The Theory of the Leisure Class'?
Conspicuous and vicarious consumption
When did modern consumerism originate in Western Europe?
Before the Industrial Revolution
What is the focus of consumerism in an abstract sense, according to the text?
The consideration of the free
What economic policies may consumerism refer to?
Policies that emphasize consumption
Test your knowledge of consumerism with this quiz. Explore the origins and impact of consumerism, its historical development, and its relevance in modern society.
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