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the value of social networks and the tendencies that arise from these networks to do things for each other is known as

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Lanuel

The value of social networks and the tendencies that arise from these networks to do things for each other is known as: social capital.

Social capital can be defined as the shared value, norms and understanding associated with social networks and the tendencies that arise from these networks to effectively cooperate to achieve a common purpose or do things for each other.

Basically, social capital is characterized by trust between networks and as such it is informal in nature.

Hence, the following relationships and interactions significantly contribute to social capital:

  • Friends.
  • Families.
  • Colleagues.
  • Strangers.
  • Acquaintances.

In conclusion, social capital is very essential and important for anyone that desires to grow and develop in all ramifications.

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