Social capital is a set of shared beliefs that enables people to collaborate in a resource to successfully accomplish a goal. Thanks to social capital, individuals can work together effectively to achieve a shared objective or goal.
It makes it possible for a group of people or an organization—such as a corporation or nonprofit—to function as a whole via respect for one another, a resource identity, customs, and values. Opening doors for strangers, returning lost items to a stranger, giving directions, making unsecured loans, and any other beneficial interactions between people, even strangers, are examples of social capital at the societal level.
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