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Social capital

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Social capital

Social capital related to human well-being but on a societal rather than individual level (human capital describe well-being on an individual level). It consists of the social networks that support an efficient, cohesive society and facilitate social and intellectual interactions among its members. Social capital is a framework of social trust, norms, and networks that people can draw upon to solve common problems and create social cohesion, e.g. neighbourhood associations, civic organizations, and cooperatives. See also human capital and man-made capital.

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