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Preston, a Luthier, Used to Own a Workshop in the 1750s

question 16

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Preston, a luthier, used to own a workshop in the 1750s where he produced handmade musical instruments of high quality. However, due to technological advances, musical instruments started being mass-produced in factories, and Preston's business began to decline. Given this information, it can be assumed that Preston belonged to the _____.


Definitions:

Cultural Capital

Non-material assets such as education, intellect, style of speech, and appearance that enable social mobility and prestige.

Developmental Capital

Resources, both tangible and intangible, that support the growth and development of individuals, communities, or nations.

Corporate Law

The body of law that governs the formation, operation, regulation, and dissolution of corporations, aiming to ensure the legality of commercial transactions and the protection of shareholders.

Possessions Worth

The total value or worth of all the assets that an individual owns, including money, real estate, and personal belongings.

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