Given below are two statements: Assertion (A): Curriculum planners should consider socioeconomic factors when designing educational programs to address cultural disparities among students. Reason (R): Socioeconomic factors such as poor home environments can impact students' ability to respond to standardized curricula, necessitating compensatory education initiatives. Choose the correct option:

Which of the following are correctly identified as functions of 'Social Institutions' in the context of education? 1. Socialization of the young2. Transmission of cultural heritage3. Promotion of social inequality4. Social control and norm enforcement

Statement 1: Conflict Theory in sociology of education, associated with Marx, argues that education reproduces and legitimises existing class inequalities. Statement 2: Pierre Bourdieu's concept of 'cultural capital' supports the conflict perspective by showing how schools favour the culture of dominant classes. Which of the statements given above is/are correct?