HISTORY 100AC Lecture Notes - Lecture 13: Biddy Mason, Sharecropping, Financial Capital
Document Summary
Forms of capital: financial capital = money, related to class structure, human capital = individuals" investments in their own personal productivity. Learning to program for a job: cultural capital = informal knowledge gained through upbringing, social capital = networking. About 50% of asian business owners have a college degree. African americans lacked financial capital after the civil war. 1865 - land redistribution to former slaves reversed. 1880-1900 -- louisiana slashes education budget decrease in quality. Walker co: first female, self-made millionaire, ++brothers provided her with cultural capital, frank l. gillespie -- sold ordinary life insurance as opposed to industrial insurance , president & founder of liberty life insurance co, economic strategies. Booker t. washington -- born a slave, studied @ hampton institute in virginia. Dubois -- criticized washington"s position & inherent educational paradox. Provides alternative to incorporate and educate black men in society.
