Given below are two statements
Statement I: Knowledge is a form of cultural capital for all practical purposes.
Statement II: Communication media make cultural capital a form of illimitable property.
In light of the above statements, choose the most appropriate answer from the options given below
1
Both Statement I and Statement II are correct
2
Both Statement I and Statement II are incorrect
3
Statement I is correct but Statement II is incorrect
4
Statement I is incorrect but Statement II is correct