Significance of Social Capital

Social capital refers to the value derived from the relationships, trust, and connections among people in a community or group. It fosters cooperation, mutual support, and sharing of resources, which can improve individual well-being and community resilience. Strong social capital helps in solving problems more efficiently, enhances safety, and promotes economic opportunities. Essentially, it’s the network of trust and collaboration that enables people to work together effectively, creating a more vibrant, supportive environment for everyone.