Social Capital Theory
Social Capital Theory refers to the idea that social networks and relationships have value and can facilitate cooperation and collaboration among individuals and groups. It emphasizes the importance of trust, norms, and social connections in enabling people to work together effectively, leading to mutual benefits and improved outcomes in various contexts, such as communities and organizations.
This theory suggests that social capital can be built through interactions and shared experiences, which enhance the ability of individuals to access resources and support. Key components include trust, reciprocity, and social networks, all of which contribute to the overall well-being and functionality of societies.