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 a part of it.' What type of capital was Evan lacking?

Question

Quizplus · Accepted Answer

Evan's comment suggests that he did not fully understand the cultural norms and values of the elite families who owned the bank. This lack of cultural capital, or knowledge and understanding of the norms and values of a particular group, may have contributed to his inability to successfully take over the bank.

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