Evan was an aggressive, rich, and determined businessman originally from a working class family. He 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 a part of it." What type of capital was Evan lacking?

Question

Quizplus · Accepted Answer

Evan's statement about always knowing there was an elite suggests that he lacked an understanding of the cultural capital held by established, wealthy families. In this situation, his economic capital was not enough to overcome the cultural capital of the families who owned the bank.

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