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Trust is the belief that another person will do what is expected. It brings with it a willingness for one party (the trustor) to become vulnerable to another party (the trustee), on the presumption that the trustee will act in ways that benefit the trustor.
Institutional trust is a dynamic relationship between an individual and an institution. It is a form/sub-type of trust and is distinguished by the potential magnitude of its effect. The relationship can be analyzed through techniques developed for the analysis of interpersonal ties. The form of the relationship may be explicit (or implicit) and ...
A low-trust society is defined as one in which interpersonal trust is relatively low, and shared ethical values are lacking. [1] Conversely, a high-trust society is one where interpersonal trust is relatively high, and where ethical values are strongly shared.
Trust often refers to: Trust (social science), confidence in or dependence on a person or quality; It may also refer to: Business and law.
Generalized trust, also known as spontaneous sociability, [1] is the trust that people have in their fellow members of society in general. It is often measured in survey-based social science research by asking the question, "Generally speaking, would you say that most people can be trusted or that you can’t be too careful in dealing with people?"
Social capital is a concept used in sociology and economics to define networks of relationships which are productive towards advancing the goals of individuals and groups. [1] [2] It involves the effective functioning of social groups through interpersonal relationships, a shared sense of identity, a shared understanding, shared norms, shared values, trust, cooperation, and reciprocity.
- Trust permits a social control, for example for the power. - Trust is not established in the same way and does not have the same boundaries in function of the relationship : friends, family, business, public and politic. Trust is based on a system of limits because there are boundaries to the things and people we can trust.
The Rockefeller-Morgan Family Tree (1904), which depicts how the largest trusts at the turn of the 20th century were in turn connected to each other. A trust or corporate trust is a large grouping of business interests with significant market power, which may be embodied as a corporation or as a group of corporations that cooperate with one another in various ways.