Social Capital Theory

Social Capital Theory suggests that the relationships and networks among individuals and communities provide value and benefits, similar to financial capital. It emphasizes the importance of social connections, trust, and cooperation in facilitating collective action and improving social cohesion. Essentially, when people have strong ties to others, they can share resources, exchange information, and work together more effectively, leading to better outcomes for everyone involved. This concept is crucial for understanding how social relationships influence economic, political, and personal development in society.