In the chapter, "Understanding Community in Rural Society," by Brown and Schafft, social capital is...

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In the chapter, "Understanding Community in Rural Society," by Brown and Schafft, social capital is being applied to the community as opposed to being an individual resource, such as human capital. What exactly is social capital and how is it being applied to the community? Did the community inThe JungleorStreet Corner Societyhave social capital? Why or why not? Was the difficulty facing either community a problem of social capital or something else?

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Sumita Mitra · Accepted Answer

1
Understanding Community in Rural Society:
Social Capital:
Social capital is a set of shared values on the basis of which individuals work together in groups for achieving something effective for a common purpose. It is important for starting wage discussions also. This is also referred to as the value of tangible and intangible resources like human capital, people, public and private properties etc. that have among themselves as a coexisting relationship as a larger group.
Social capital is applied to the community in a way to establish trust based networks.

In the chapter, "Understanding Community in Rural Society," by Brown and Schafft, social capital is being applied to the community as opposed to being an individual resource, such as human capital....

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