Questions & Answers:
Q1. What is often the immediate thought associated with 'worldly wealth'?
A) Social status
B) Financial abundance
C) Educational access
D) Political power
A1: B) Financial abundance
Explanation: The passage begins by highlighting the common perception of worldly wealth as being synonymous with financial riches and material possessions.
Q2. Fill in the blanks: The industrial revolution in the ______ century significantly altered the dynamics of wealth.
A2: 19th
Explanation: The passage references the 19th-century industrial revolution as a pivotal moment that changed societal structures and wealth distribution.
Q3. True or False: According to the passage, additional wealth always leads to increased happiness.
A3: False
Explanation: The passage states that beyond a certain point, more wealth does not equate to greater happiness, challenging the notion that wealth is directly proportional to life satisfaction.
Q4. What is a modern factor transforming the accumulation and value of wealth?
A) Industrialization
B) Digital advancements
C) Agricultural developments
D) Globalization
A4: B) Digital advancements
Explanation: The passage mentions the digital age as a contemporary force reshaping the nature and perception of wealth.
Q5. Fill in the blanks: The gap between the rich and the poor is often viewed as a source of ______.
A5: social unrest and inequality
Explanation: The text discusses the debate over wealth distribution, pointing out that the growing wealth gap is seen as a cause of social issues.
Q6. What aspect of wealth is scrutinized for its impact on personal well-being?
A) Its ability to influence
B) The ethical implications of its distribution
C) Its accumulation
D) All of the above
A6: C) Its accumulation
Explanation: The passage examines how accumulating wealth beyond a certain threshold affects individual happiness and well-being.
Q7. True or False: The passage suggests that material wealth is the only form of worldly wealth.
A7: False
Explanation: The passage explicitly states that worldly wealth includes more than material riches, encompassing factors like social status, education, and health.
Q8. Which of the following is not mentioned as a facet of worldly wealth in the passage?
A) Luxurious lifestyles
B) Access to education
C) Artistic skills
D) Health facilities
A8: C) Artistic skills
Explanation: The passage lists financial abundance, social status, educational access, and health facilities as aspects of worldly wealth but does not mention artistic skills.
Q9. Fill in the blanks: Wealth accumulation is argued to motivate ______ and economic growth.
A9: innovation
Explanation: One perspective mentioned in the passage is that accumulating wealth serves as a motivation for innovation and contributes to economic development.
Q10. What does the passage challenge about the traditional view of wealth?
A) Its role in societal structures
B) Its ability to create new classes
C) Its being the ultimate goal
D) Its relation to the industrial revolution
A10: C) Its being the ultimate goal
Explanation: The passage challenges the conventional notion of wealth as the ultimate goal, especially in the context of personal happiness and fulfillment.