Social Capital

Social Capital is the network of social connections, which exist between people, and their shared values and norms of behaviour, which enable and encourage mutually advantageous social cooperation. Most definitions of social capital are that they focus on social relations that have productive benefits. It is a valuable mechanism in economic growth. It refers to the connections between individuals and entities that can be economically valuable. Social Capital is generally seen as a form of capital that produces public goods for a common good.