Social capital

In a communal sense, social capital is a community resource: a sum of all the features of social organization that ensure coordination, cooperation and communication for the benefit of the common good. The most important such features are networks (ties, connections), norms (norms of general mutuality) and trust. Each community, neighbourhood or settlement (even a region or a whole society) may be described with the help of a certain level of social capital. The significance of social capital is that in groups with a high level of social capital, democracy is also working well, the economy is growing and people are feeling good.

 
This article based on the following document: Community development methodological guide