Social capital is
A)the shared values and trust that promote cooperation in the economy
B)the buildings and equipment used to produce goods and services
C)a government regulation aimed at improving health and safety
D)the accumulated knowledge, skill, and experience of the labor force
E)the owner's own or borrowed money invested in a business

Question

Quizplus · Accepted Answer

Social capital refers to the networks, norms, and trust that facilitate cooperation and coordination among individuals and groups. This can include shared values, norms of reciprocity, and trust. It is an important factor in determining the success of economic systems and is critical for the formation of successful organizations and communities. The other options (B, C, D, and E) refer to other important factors in the economy, but do not directly relate to social capital.

Social Capital Is