In: Economics
First all we must clear with what is the Social capital.Basically it is action of reside in relations not in individuals.examples:-return a lost item to a stranger,gives someone directions etc.
Robert David Putnam (1941) was from America and a Political
Scientist.
He was very famous for his publication Bowling Alone,(1995)which
was a controversial publication.In his publication he made the
argument that social capital is essentially the amount of "trust"
available.In the view of Putnam & his followers social capital
is a key component to buliding & maintianing democracy.
Putnam identifies a negative trend in recent years because of decline in group memberships and activites.He specifies there are mainly four reason behind decline in social capital in united state:
-pressure of time & money.
-increasing distance and lack of connectivity between living spaces.
-overexposure to television.
-generational differences.
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