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Role of Social Capital on Development

Social capital as a concept has evolved with time and changes in society. It plays a more important role compared to human capital. While there are structures in place for following a specific set of norms and values, there is a human potential of forming social trust and make connections. Social capital involves various subjects like intensity, quality of communications and interactions among people and groups, sense of commitment and bilateral trust and a sense of dependency on one another. This paper explores the role of social capital on development and structure existing in various dimensions.

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