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Social Capital and Economics

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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 ...

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

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