social capital

EnglishEdit

NounEdit

social capital (uncountable)

  1. The good will, sympathy, and connections created by social interaction within and between social networks.
    • 1916, L.J. Hanifan, The rural school community center, Annals of the American Academy of Political and Social Science, 67: 130.
      If [the individual] comes into contact with his neighbor, and they with other neighbors, there will be accumulation of social capital, which may immediately satisfy his social needs and which may bear a social potentiality sufficient to the substantial improvement of living conditions in the whole community.
  2. The value created by social relationships, with expected returns in the marketplace.

See alsoEdit

Last modified on 10 November 2012, at 22:37