Final answer:
The concept described is embodied cultural capital, which involves cultural knowledge and support that one gains from family and community, playing a crucial role in navigating one's culture.
Step-by-step explanation:
The description provided matches closely with the concept of cultural capital, particularly the embodied form, as defined by sociologist Pierre Bourdieu. Embodied cultural capital includes the knowledge, skills, and attitudes that individuals inherit and learn from their family and community over time. It is characterized by cultural awareness and knowledge rooted in community memories, lessons, and the support that comes from close or extended family relationships. These forms of cultural capital serve metaphorically as a currency that helps individuals navigate within their culture. In the context of extended family networks that are strong, especially in non-Western cultures, this kind of cultural capital is particularly significant in the upbringing and development of children, acknowledging and building on these cultural resources becomes vital in community and development programs.
Contrary to the broader discussions of grade inflation or carrying capacity, cultural capital directly addresses the nuances within a culture that contribute to a person's ability to function and succeed within that context. This capital can be greatly influenced by various entities such as family and community practices, values and traditions.