Question : The concept of "social capital" refers to:
Option 1: The financial resources owned by individuals
Option 2: The physical infrastructure of a country
Option 3: The network of social relationships and trust in a society
Option 4: The natural resources available in a region
Correct Answer: The network of social relationships and trust in a society
Solution : The correct answer is (c) The network of social relationships and trust in a society.
Social capital encompasses the value and benefits that arise from social connections, networks, norms, and trust within a community or society. It represents the social resources that individuals and groups can access, such as support, cooperation, and shared values. Social capital plays a crucial role in facilitating collective action, fostering social cohesion, and promoting economic and social development.
Examples of social capital include strong community bonds, social networks, civic participation, trust among individuals, cooperation in groups, and shared values and norms. These social relationships and networks can have positive effects on various aspects of individuals' lives, including health, education, employment opportunities, entrepreneurship, and overall well-being.
Question : Which of the following is an example of social capital?
Option 1: Knowledge and skills possessed by individuals
Option 2: Physical infrastructure of a country
Option 3: Social networks and relationships
Option 4: Financial resources owned by individuals
Question : Human capital refers to:
Option 1: Physical assets owned by individuals
Option 2: Knowledge, skills, and abilities possessed by individuals
Option 3: Financial resources invested in education
Option 4: Natural resources utilized by individuals
Question : What are 'common property resources'?
Option 1: Resources owned by individuals
Option 2: Resources owned by the government
Option 3: Resources shared by a community
Option 4: Resources exclusive to a particular region
Question : The "cost of healthcare" is an example of:
Option 1: Social capital
Option 2: Physical capital
Option 3: Human capital
Option 4: Financial capital
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile