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3. Identify and explain the two different kinds of capital. Give at least one example of

each. Then, describe at least one factor in a society that significantly affects each
kind of capital. (4 points)

1 Answer

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The two different kinds of capital are social capital and economic capital.

Social capital refers to the value of social networks, relationships, and trust between individuals and within communities. One example of social capital is a close-knit neighborhood where neighbors help each other out, watch each other's homes, and generally look out for one another.

One factor in a society that significantly affects social capital is the level of civic engagement and participation in community organizations. When people are actively involved in their communities and have a sense of belonging and shared responsibility, social capital is strengthened.

Economic capital, on the other hand, refers to the financial resources and assets that an individual or organization possesses. Examples of economic capital include savings, property, and investments.
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