Articles by Peter Callero (and Margaret Nelson and Rebecca Schutz) focus on the ways in which cultural and social capital reinforce existing class positions for families. Callero’s chapter looks at different types of resources. Economic capital is material wealth, such as stocks, bonds, investments. It is highly concentrated. Social capital consists of networks and contacts that individuals accumulate through schooling and work that lead to different opportunities. However, cultural capital is also important in understanding different class positions. Define cultural capital. What different types of cultural capital are discussed in Callero’s descriptions of Alexander and Tyrec? How do differences in social capital affect the ways in which children’s performances in school are evaluated? After reading Callero’s article and our discussions of social class, how important do you think family is in predicting social class position over the lifespan?