Explain the difference between social capital, economic capital, and cultural capital. Be sure to define each type of capital as well as provide examples. Discuss the importance of each one.
What will be an ideal response?
Ans: Varies but should mention that economic capital is money and goods whereas social capital are the networks and connections one gains or builds, such as fraternities. Cultural capital is different because it reflects lifestyles, habits, and language. All three types of capital are important and reflect an individuals’ social class and upward mobility.
KEY: Learning Objective: 5.3: Explain the sociological concepts of economic, cultural, and social capital.
REF: Cognitive Domain: Analysis
Answer Location: Economic, Cultural, and Social Capital
Difficulty Level: Hard
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