Social capital is extremely important when human capital is involved. Think of it like this, human capital is the knowledge and skills we posses, and we can share our human capital with others by social capital, for instance passing what we know and learned off to our offspring or other people that we are socially connected to. Social Capital plays a major role in where kids gain there human capital, the cumulative disadvantage does a good job of explaining that kids whose parents have higher social and human capital are already ahead of kids whose parent’s have lower social and human
Social capital is extremely important when human capital is involved. Think of it like this, human capital is the knowledge and skills we posses, and we can share our human capital with others by social capital, for instance passing what we know and learned off to our offspring or other people that we are socially connected to. Social Capital plays a major role in where kids gain there human capital, the cumulative disadvantage does a good job of explaining that kids whose parents have higher social and human capital are already ahead of kids whose parent’s have lower social and human