Social Capital

According to Dictionary.com’s Finanacial Dictionary:

Defining Social Capital:

An economic idea that refers to the connections between individuals and entities that can be economically valuable. Social networks that include people who trust and assist each other can be a powerful asset. These relationships between individuals and firms can lead to a state in which each will think of the other when something needs to be done. Along with economic capital, social capital is a valuable mechanism in economic growth.

Let’s look at this more…

What is it? How does it work? And… how does social capital lend a hand?

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