Explain the concept of social capital.

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Explain the concept of social capital.

Social capital refers to the networks, relationships, and social connections that individuals and groups have within a society. It encompasses the trust, norms, and reciprocity that exist among people, which can be beneficial for both individuals and society as a whole. Social capital can be seen as a valuable resource that enables individuals to access opportunities, resources, and support through their social networks. It can also contribute to the functioning of communities and the overall well-being of society by fostering cooperation, collective action, and social cohesion.