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Social Capital and Economics

Question: How is social capital relevant/important in finance, economics, and the global economy?

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Social capital is when there is a network of relationships between individuals, groups, and/or businesses. Examples would be students who attend the same school/university, working environments, fraternities and sororities. Other examples include social networks like Linkedin, Myspace, Twitter, and Facebook. Social capital is ...

Solution Summary

This solution discusses the importance of social capital in finance, economics, and the global economy.