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The Affluent Society by John Kenneth Galbraith
Contributed by: Barry
  • 1. In 'The Affluent Society', Galbraith discusses the role of which sector?
A) The manufacturing sector.
B) The public sector.
C) The service sector.
D) The agricultural sector.
  • 2. According to Galbraith, what is the 'technostructure'?
A) The government representation in business.
B) The workforce of an economy.
C) The organizations that influence economic decisions.
D) The technology used in production.
  • 3. What does Galbraith suggest is neglected in affluent societies?
A) Foreign investments.
B) Luxury markets.
C) Real estate.
D) Public goods and services.
  • 4. What role does Galbraith assign to economic planners?
A) To maximize corporate profits.
B) To reduce consumer choices.
C) To minimize government intervention.
D) To guide proper investment in public welfare.
  • 5. How does Galbraith believe that wealth should be redistributed?
A) By enforcing economic competition.
B) Through social policies and taxation.
C) By relying on voluntary charity.
D) By encouraging consumer spending.
  • 6. In the context of Galbraith's work, what does 'symbolic consumption' refer to?
A) Making informed consumer choices.
B) Buying goods for status rather than utility.
C) Purchasing only necessary items.
D) Investing in sustainable products.
  • 7. According to Galbraith, what is the danger of excessive consumerism?
A) It leads to environmental degradation.
B) It promotes social harmony.
C) It ensures wealth distribution.
D) It enhances economic growth.
  • 8. How does Galbraith view the relationship between affluence and moral values?
A) Affluence can lead to moral indifference.
B) Morality is unaffected by wealth.
C) Wealth equates to virtue.
D) Affluence improves societal morality.
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