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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.
Social formation (German: Gesellschaftsformation) is a Marxist concept (synonymous with 'society') referring to the concrete, historical articulation between the capitalist mode of production, maintaining pre-capitalist modes of production, and the institutional context of the economy (disambiguation).
Essentially, civil society creates social capital, which the World Bank defines as "the institutions, relationships, and norms that shape the quality and quantity of a society's social interactions". [46] With higher social capital comes a greater amount of social interdependence, which increases productivity and economic growth. [46]
Human capital: the education and job training a person receives, and which contributes to the likelihood that one will acquire social capital. Social capital : the social network to which one belongs, which can largely influence one's ability to find opportunities, especially employment.
Embodied cultural capital comprises the knowledge that is consciously acquired and passively inherited, by socialization to culture and tradition. Unlike property, cultural capital is not transmissible, but is acquired over time, as it is impressed upon the person's habitus (i.e., character and way of thinking), which, in turn, becomes more receptive to similar cultural influences.
Social accountants Richard Ruggles and Nancy D. Ruggles established for the USA that "almost all financial savings done by households is used to pay for household capital formation - particularly, housing and consumer durables. On net, the household sector channels almost no financial savings to the enterprise sector.
Coercion, Capital, and European States, AD 990-1992 is a 1990 book by the American political scientist Charles Tilly.. The central theme of the book is state formation.Tilly writes about the complex history of European state formation from the Middle Ages to the 1990s – a thousand-year time span.
Social capital formation in low income housing. New York: Housing Environments Research Group of the Center for Human Environments, City University of New York. Saegert, Susan; Thompson, J. Phillip; Warren, Mark (2001). Social capital and poor communities. New York: Russell Sage Foundation. ISBN 9780871547330. Saegert, Susan; DeFilippis, James ...