Which of the following combinations consists only of examples of economic capital? |
Inherited wealth, residential property and educational qualifications Inherited wealth, residential property and equity shares investments Business investments, influential political contacts and residential property All of the above |
Inherited wealth, residential property and equity shares investments |
The correct answer is Option 2: Inherited wealth, residential property and equity shares investments Option 1: Inherited wealth, residential property and educational qualifications. This option is incorrect. While inherited wealth and residential property are forms of economic capital, educational qualifications are a form of cultural capital, not economic capital. Option 2: Inherited wealth, residential property and equity shares investments. This option is correct. All three are material or financial assets that constitute economic capital. Option 3: Business investments, influential political contacts and residential property. This option is incorrect. Business investments and residential property are forms of economic capital, but influential political contacts represent social capital, as they provide access to opportunities through networks and relationships.
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