FINA 2330 QUESTIONS AND CORRECT DETAILED
ANSWERS (VERIFIED ANSWERS) ALREADY GRADED A+
The popular book, The Millionaire Next Door, details the extravagant
lives of the wealthiest people in various communities throughout the
United States. Ans✓✓✓False
Schor states that "many of us are continually comparing our own
lifestyle and possessions to a select group of people we respect and want
to be like." She calls this... Ans✓✓✓Competitive Acquisition
According to Schor, a/an __________ __________, is a group with
which a person is more likely to compare themselves and their lifestyle.
Ans✓✓✓Reference Group
Adam Smith was the author of which book? Ans✓✓✓The Wealth of
Nations
Schor says that daily exposure to an economically diverse set of people
is one reason why Americans began engaging in more upward
comparison. Ans✓✓✓True
Schor observed that a large majority of Americans are conscious of
being motivated by social status and intentionally make purchases that
are knowingly meant to elevate that status. Ans✓✓✓False
,According to Schor, very few economists have found that consumer
satisfaction, and dissatisfaction, actually depend less on what a person
has in an absolute sense than on socially formed aspirations and
expections. Ans✓✓✓False
__________ is what Schor calls the process of reducing work hours,
thereby earning and spending less, with the goal of leaving behind the
pressures for upscale consumption. Ans✓✓✓Downshifting
According to Schor, the ______ were the so-called "decade of greed."
Ans✓✓✓1980's
According to Schor, the most obvious social trend of the 1970's that was
altering the nature of comparative consumption was: Ans✓✓✓an
increase in married women entering the work force
According to Schor, Bourdieu argues that tastes and preferences don't
just evolve out of individual likes and dislikes but are instead more
likely to be socially produced by: Ans✓✓✓inequalities in class.
Bourdieu defines habitus as: Ans✓✓✓All of these are correct
According to Schor, a study by Russell Belk in the 1980's found that
observers could predict reasonably well a person's family income and
occupation by investigating the contents of his or her: Ans✓✓✓purse or
wallet.
, According to Schor, in modern society, not having money can result in a
profound: Ans✓✓✓social disability.
Schor highlights that many Homeowner's Associations ban things like
campers in the driveway, clothes lines (for hanging laundry outside to
dry,) loud noise and rabbit hutches because: Ans✓✓✓these things "reek
of the lower classes."
According to Schor's colleague Tracy Tefertiller, there was a high
degree of consensus middle class teenage boys about which athletic
shoes were in and out. Ans✓✓✓True
Schor states that Belk and his colleagues found that children in grade 5
or less (age 11 or so) are not persuaded by the images of symbolic
consumption because the ability to discern certain symbols of social
class does not begin to develop until middle school. Ans✓✓✓False
According to Schor, researchers have not definitively found that what
you wear, drive and own affects how people treat you. Ans✓✓✓False
In contrast to what he originally assumed, Bourdieu found almost no
regularities in French consumer patterns within specific economic
classes. Ans✓✓✓False
ANSWERS (VERIFIED ANSWERS) ALREADY GRADED A+
The popular book, The Millionaire Next Door, details the extravagant
lives of the wealthiest people in various communities throughout the
United States. Ans✓✓✓False
Schor states that "many of us are continually comparing our own
lifestyle and possessions to a select group of people we respect and want
to be like." She calls this... Ans✓✓✓Competitive Acquisition
According to Schor, a/an __________ __________, is a group with
which a person is more likely to compare themselves and their lifestyle.
Ans✓✓✓Reference Group
Adam Smith was the author of which book? Ans✓✓✓The Wealth of
Nations
Schor says that daily exposure to an economically diverse set of people
is one reason why Americans began engaging in more upward
comparison. Ans✓✓✓True
Schor observed that a large majority of Americans are conscious of
being motivated by social status and intentionally make purchases that
are knowingly meant to elevate that status. Ans✓✓✓False
,According to Schor, very few economists have found that consumer
satisfaction, and dissatisfaction, actually depend less on what a person
has in an absolute sense than on socially formed aspirations and
expections. Ans✓✓✓False
__________ is what Schor calls the process of reducing work hours,
thereby earning and spending less, with the goal of leaving behind the
pressures for upscale consumption. Ans✓✓✓Downshifting
According to Schor, the ______ were the so-called "decade of greed."
Ans✓✓✓1980's
According to Schor, the most obvious social trend of the 1970's that was
altering the nature of comparative consumption was: Ans✓✓✓an
increase in married women entering the work force
According to Schor, Bourdieu argues that tastes and preferences don't
just evolve out of individual likes and dislikes but are instead more
likely to be socially produced by: Ans✓✓✓inequalities in class.
Bourdieu defines habitus as: Ans✓✓✓All of these are correct
According to Schor, a study by Russell Belk in the 1980's found that
observers could predict reasonably well a person's family income and
occupation by investigating the contents of his or her: Ans✓✓✓purse or
wallet.
, According to Schor, in modern society, not having money can result in a
profound: Ans✓✓✓social disability.
Schor highlights that many Homeowner's Associations ban things like
campers in the driveway, clothes lines (for hanging laundry outside to
dry,) loud noise and rabbit hutches because: Ans✓✓✓these things "reek
of the lower classes."
According to Schor's colleague Tracy Tefertiller, there was a high
degree of consensus middle class teenage boys about which athletic
shoes were in and out. Ans✓✓✓True
Schor states that Belk and his colleagues found that children in grade 5
or less (age 11 or so) are not persuaded by the images of symbolic
consumption because the ability to discern certain symbols of social
class does not begin to develop until middle school. Ans✓✓✓False
According to Schor, researchers have not definitively found that what
you wear, drive and own affects how people treat you. Ans✓✓✓False
In contrast to what he originally assumed, Bourdieu found almost no
regularities in French consumer patterns within specific economic
classes. Ans✓✓✓False
