English — Set 28

Context: The enjoyment of physical possession of things would seem to be one of the prerogatives of wealth which has been little impaired. Presumably nothing has happened to keep the man who can afford them from enjoying his Rembrandt and his homegrown orchids. But enjoyment of things has always been associated with the third prerogative of wealth which is the distinct it confers. In a world where nearly everyone was poor, the distinction was very great. It was the natural consequence of rarity. In England it is widely agreed, the ducal families are not uniformly superior. There is a roughly normal incidence of intelligence and stupidity, good taste and bad taste, morality, immorality. But very few people are dukes and duchesses, although the later have become rather more frequent with modern easing of divorce laws. As a result, even though they may be intrinsically unexceptional they are regarded with some awe. So it has long have been with the rich. Were dukes numerous their position would deteriorate. As the rich have become more numerous, they have inevitably becomes a debased currency.

Context: The casual horrors and real disasters are thrown at newspaper reader without discrimination. In the contemporary arrangements for circulating the news, an important element, evaluation is always weak and often wanting entirely. There is no point anywhere along the line somewhere someone put his foot down for certain and says, "This is important and that does not amount to row of beans; deserves no ones attention, and should travel the wires no farther". The junk is dressed up to look as meaningful as the real news.

Context: choose the one which can be substituted for the given word/sentence.