Social capital

Moving into a developing country poses greater challenges due to poor. We use our voice and our leverage to push for real change and help develop standards. Where they are lacking economic growth they can follow many different paths but not all of them are sustainable.

Economists usually measure economic growth in terms of gross domestic product (GDP) or related indicators, such as gross national product (GNP) or gross national income (GNI) which are derived from the GDP calculation.

One the other hand, The concept of social capital as an important determinant of economic development is attracting increasing attention among development economists. Social capital in every sense is one of the fundamental factors of development. No country can achieve sustainable economic expansion without substantial investment in human capital. Social capital is an instantiated informal norm that promotes cooperation between individuals Social capital enriches people’s understanding of themselves and world. social capital contributes significantly to nation building and interpersonal tolerance.

It allows people to work together and to access benefits from social relationships. Social capital allows modern economies to function efficiently. Our society, economy, institutions, and political system could not exist without social capital.

It allows people to work together and to access benefits from social relationships. Social capital allows modern economies to function efficiently. Our society, economy, institutions, and political system could not exist without social capital.