Theories of Social Capital

Social capital refers to the networks, relationships, and norms that enable individuals and groups to work together effectively. Theories of social capital suggest that social connections can facilitate cooperation, exchange of information, and resource sharing, leading to mutual benefits. Key concepts include bonding social capital, which strengthens close ties within a group, and bridging social capital, which connects diverse groups. These theories emphasize that strong social networks can enhance community resilience, improve economic outcomes, and foster civic engagement, ultimately contributing to societal well-being and progress.