Question

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.
(B) Cultural capital
(C) Social capital
(D) Educational capital
Choose the correct answer from the options given below :

• A. (A), (B) and (D) only
• B. (A), (B), (C) and (D)
• C. (A), (C) and (D) only
• D. (B), (C) and (D) only

Answer 1

The Correct Option is B

The correct answer is Option 2: (A), (B), (C), and (D). Here is the detailed explanation:

Economic Capital (A): This refers to financial resources and material assets that individuals or groups possess. It includes money, property, and other forms of wealth. Economic capital is a fundamental form of capital that can be directly converted into money or used to generate income.

Cultural Capital (B): This encompasses the non-material resources that individuals possess, such as education, skills, knowledge, and cultural competence. Cultural capital can be divided into two types: embodied cultural capital (skills and knowledge acquired through education and upbringing) and objectified cultural capital (cultural goods like books, artworks, and other cultural artifacts).

Social Capital (C): This refers to the networks of relationships among people who live and work in a particular society, enabling that society to function effectively. Social capital includes the benefits derived from social networks, such as trust, cooperation, and mutual support. It can also involve social connections that provide access to opportunities and resources.

Educational Capital (D): This is a specific form of cultural capital that focuses on the educational qualifications and credentials that individuals possess. It includes formal education, degrees, certifications, and other forms of recognized educational achievement. Educational capital is often a significant factor in determining social and economic opportunities.

All these forms of capital are recognized in sociological theory as important factors that contribute to social inequality and stratification. Therefore, the correct answer is Option 2: (A), (B), (C), and (D).

Answer 2

Social resources can be divided into multiple forms such as economic capital, cultural capital, social capital, and educational capital, which are all critical in determining social stratification and opportunities.