Question

According to Thorstein Veblen, a successful businessman would be most likely to demonstrate his worth to others by:_______. a. anonymously giving financial support to worthwhile charitable organizations. b. avoiding vulgar displays of wealth such as mansions and expensive cars. c. purchasing tasteful pieces of art and enjoying them only in private. d. buying expensive jewels for his trophy wife and showing her off at parties.

Answer 1

Answer:

The correct answer is D

Explanation:

Worth is the word which is described as the value of the business or the net worth which is assets minus liabilities.

In accordance with the Veblen, the concept or the idea of the conspicuous consumption is developed or created. It is believing that the rich person or people are very concerned in showing off their wealth in order to prove their success in from of others.

So, Veblen would likely demonstrate their worth by purchasing the expensive jewels for his wife and then showing off the jewels at the parties.