Micheal Brenen's definitions
consists of both words social and capital
Social Capital is the extensive base of networks which an educated, knowledgable, and well integrated people create that facilitates economic development and activity.
Social Capital is the extensive base of networks which an educated, knowledgable, and well integrated people create that facilitates economic development and activity.
At the macro level, social capital can affect the economic performance and the processes of economic growth and development.
by Micheal Brenen January 19, 2006
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