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In the context of any country, which one of the following would be considered as part of its social capital?
  • a)
    The proportion of literates in the population.
  • b)
    The stock of its buildings, other than infrastructure and machines.
  • c)
    The size of population in the working age group
  • d)
    The level of mutual trust and harmony in the society
Correct answer is option 'D'. Can you explain this answer?
Verified Answer
In the context of any country, which one of the following would be con...
Social capital is the willingness of people to help each other. It replaces money through which people buy the same help. The social capital of any country is measured through the level of trust and harmony among the people.
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In the context of any country, which one of the following would be con...
Social Capital

Social capital refers to the networks, norms, and trust that enable people to work together effectively to achieve common goals. It is a measure of the quality of social relationships in a society, which can have positive or negative effects on economic growth and development.

Components of Social Capital

The following are some of the components of social capital:

1. Networks

Networks refer to the relationships between individuals or organizations that facilitate the exchange of information, resources, and support. Strong networks can help people to find jobs, access credit, and build social ties that promote cooperation and collaboration.

2. Norms

Norms refer to the shared values, beliefs, and expectations that guide behavior in a society. They include things like honesty, trust, and reciprocity, which are essential for building social capital.

3. Trust

Trust refers to the confidence that people have in each other's honesty, reliability, and competence. It is a crucial component of social capital because it enables individuals to work together effectively, even in the absence of formal institutions and contracts.

4. Social Cohesion

Social cohesion refers to the degree of mutual trust and harmony in a society. It is measured by the extent to which people share common values, beliefs, and identities, and are willing to work together for the common good.

Conclusion

In the context of any country, the level of mutual trust and harmony in the society is considered as part of its social capital. This is because it reflects the quality of social relationships and networks in the society, which can have a significant impact on economic growth and development. Strong social capital can help to promote cooperation, collaboration, and innovation, while weak social capital can lead to conflict, mistrust, and social fragmentation.
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In the context of any country, which one of the following would be con...
Social capital requires the mutual trust and harmony in the society so the society can move on the right way...So the correct answer is D.
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In the context of any country, which one of the following would be considered as part of its social capital?a)The proportion of literates in the population.b)The stock of its buildings, other than infrastructure and machines.c)The size of population in the working age groupd)The level of mutual trust and harmony in the societyCorrect answer is option 'D'. Can you explain this answer?
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In the context of any country, which one of the following would be considered as part of its social capital?a)The proportion of literates in the population.b)The stock of its buildings, other than infrastructure and machines.c)The size of population in the working age groupd)The level of mutual trust and harmony in the societyCorrect answer is option 'D'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about In the context of any country, which one of the following would be considered as part of its social capital?a)The proportion of literates in the population.b)The stock of its buildings, other than infrastructure and machines.c)The size of population in the working age groupd)The level of mutual trust and harmony in the societyCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for In the context of any country, which one of the following would be considered as part of its social capital?a)The proportion of literates in the population.b)The stock of its buildings, other than infrastructure and machines.c)The size of population in the working age groupd)The level of mutual trust and harmony in the societyCorrect answer is option 'D'. Can you explain this answer?.
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