Question : The concept of "social capital" refers to:
Option 1: The financial resources owned by individuals
Option 2: The physical infrastructure of a country
Option 3: The network of social relationships and trust in a society
Option 4: The natural resources available in a region
Correct Answer: The network of social relationships and trust in a society
Solution : The correct answer is (c) The network of social relationships and trust in a society.
Social capital encompasses the value and benefits that arise from social connections, networks, norms, and trust within a community or society. It represents the social resources that individuals and groups can access, such as support, cooperation, and shared values. Social capital plays a crucial role in facilitating collective action, fostering social cohesion, and promoting economic and social development.
Examples of social capital include strong community bonds, social networks, civic participation, trust among individuals, cooperation in groups, and shared values and norms. These social relationships and networks can have positive effects on various aspects of individuals' lives, including health, education, employment opportunities, entrepreneurship, and overall well-being.
