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THE INFLUENCE OF ECONOMIC CAPITAL TOWARDS THE SOCIOECONOMIC BACKGROUND OF THE RURAL COMMUNITY

A rural community is very important in planning for rural development and it cannot be disregard as the rural area is part and parcel of the nation’s development. In countries with emerging and developing economies like Malaysia, rural communities constitute the majority of populations where the majority of them are generally poorer and more disadvantaged compared to their urban counterparts. In Malaysia, rural communities have diverse and different levels of socioeconomic backgrounds that are based on the type of settlement, type of economic sector, and rural density level. Therefore, this paper aims to identify the factor of economic capital influencing the socioeconomic background of rural communities. Besides that, this paper also explains the theoretical perspective such as the regional economic growth theory which directly contributed to providing understanding on the factor of economic capital and its indicator influencing the different levels of the socioeconomic background of rural communities. The finding of this paper will provide a preliminary framework for the factor and indicator of economic capital that influenced the socio-economic background of the rural community in the context of Malaysia based on a literature review of previous related research on this topic.