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How do social resources create inequality

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How do social resources create inequality
  • 1 answers

Gaurav Seth 3 years, 11 months ago

  • In every society, some people have a greater share of valued resources – money, property, education, health, and power – than others.
  • These social resources can be divided into three forms of capital
  • Economic capital in the form of material assets and income
  • Cultural capital such as educational qualifications and status.
  • Social capital in the form of networks of contacts and social associations.
  • Often, these three forms of capital overlap and one can be converted into the other. For example, a person from a well-off family (economic capital) can afford expensive higher education, and so can acquire cultural or educational capital. Someone with influential relatives and friends (social capital) may – through access to good advice, recommendations or information – manage to get a well-paid job.
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