Question : Which of the following is an example of social capital?
Option 1: Knowledge and skills possessed by individuals
Option 2: Physical infrastructure of a country
Option 3: Social networks and relationships
Option 4: Financial resources owned by individuals
Correct Answer: Social networks and relationships
Solution : The correct answer is (c) Social networks and relationships
Social capital refers to the networks, relationships, and social interactions that exist within a community or society. It encompasses the trust, norms, and mutual support among individuals and groups. Social capital is built through social connections, cooperation, and collaboration among people.
Examples of social capital include community organizations, social clubs, professional networks, friendships, family relationships, and other forms of social interactions. It involves the shared values, norms, and trust that facilitate cooperation and collective action for the benefit of individuals and the community as a whole.