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

In sociology, the concept of capital refers to the resources that individuals possess or have access to, which can affect their social standing. These resources are categorized into different types of capital: 

• Economic Capital: This involves financial assets and tangible property, representing wealth and the means to acquire goods and services.
• Cultural Capital: This includes non-financial social assets such as education, intellect, style of speech, and dress, which can help gain social mobility.
• Social Capital: This capital is formed by social networks and the value of relationships and connections that provide support and access to resources and opportunities.
• Educational Capital: Although closely related to cultural capital, educational capital is more specific and refers to the knowledge and qualifications obtained through formal education that can lead to better socioeconomic status.

Based on the given options, all listed forms of capital—economic, cultural, social, and educational—are valid forms of capital within a society.

Therefore, the correct answer is: (A), (B), (C) and (D)

Answer 2

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).