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's statement indicates that he believed he was part of the elite due to his wealth and success in business, but his failed bid for the established bank showed that he lacked the cultural capital necessary to be accepted by the prestigious families who owned the bank. Cultural capital refers to the social and cultural knowledge, values, and behaviors that are necessary to navigate and succeed in certain social circles.

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