Economy
2019
Basic Economic Terms
In the context of any country, which one of the following would be considered as part of its social capital?
B.The stock of its buildings, other infrastructure and machines
C.The size of population in the working age group
A.The proportion of literates in the population
D.The level of mutual trust and harmony in the society
Correct Answer: Option D
Social capital refers to the networks of relationships among people who live and work in a particular society, enabling that society to function effectively.
Option D, the level of mutual trust and harmony in society, directly reflects social capital.
Option A (literacy rate) is an example of human capital. Option B (buildings, infrastructure, and machines) represents physical capital. Option C (working-age population) relates to demographics and labor economics but isn't social capital.
Therefore, option D is the correct answer.
Sources:
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