Evan was an aggressive, rich, and determined businessman originally from a working class family. He had become wealthier than he had ever imagined by buying and selling other businesses. Evan seemingly could do anything until he tried a hostile takeover of an established bank owned by several prestigious families. When his bid failed, Evan said "I always knew there was an elite, but up to now I thought I was part of it." What type of capital was Evan lacking?

Question

Quizplus · Accepted Answer

Evan lacked cultural capital, which refers to the non-financial social assets that promote social mobility beyond economic means. Examples include education, intellect, style of speech, dress, or physical appearance. Despite his economic success, Evan's inability to successfully integrate or be accepted into the established elite circles, often defined by such cultural markers, indicates a lack of cultural capital.

Evan Was an Aggressive, Rich, and Determined Businessman Originally from a Working