In every society, some individuals have a greater share of valued resources - money, property, education, prestige etc., - than others. These social resources can be divided into different forms of capital. Identify them from the following. (A) Economic capital Choose the correct answer from the options given below: |
(A), (B) and (D) only (A), (B), (C) and (D) (A), (C) and (D) only (B), (C) and (D) only |
(A), (B), (C) and (D) |
The correct answer is Option (2) - (A), (B), (C) and (D) "In every society, some people have a greater share of valued resources – money, property, education, health, and power – than others. These social resources can be divided into three forms of capital – economic capital in the form of material assets and income; cultural capital such as educational qualifications and status; and social capital in the form of networks of contacts and social associations. Often, these three forms of capital overlap and one can be converted into the other. For example, a person from a well-off family (economic capital) can afford expensive higher education, and so can acquire cultural or educational capital. Someone with influential relatives and friends (social capital) may – through access to good advice, recommendations or information – manage to get a well-paid job." ****** |