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Social media --- Mass media --- Social media. --- Social aspects --- Social aspects.

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Social capital is an instantiated informal norm that promotes cooperation between individuals. In the economic sphere it reduces transaction costs, and in the political sphere it promotes the kind of associational life that is necessary for the success of limited government and modern democracy. Although social capital often arises from iterated Prisoner’s Dilemma games, it also is a byproduct of religion, tradition, shared historical experience, and other types of cultural norms. Thus whereas awareness of social capital is often critical for understanding development, it is difficult to generate through public policy.

Investments: Stocks --- Labor --- Macroeconomics --- Civics and Citizenship --- Web: Social Media --- Economic Sociology --- Economic Anthropology --- Language --- Social and Economic Stratification --- Formal and Informal Sectors --- Shadow Economy --- Institutional Arrangements --- Human Capital --- Skills --- Occupational Choice --- Labor Productivity --- Labor Economics: General --- Pension Funds --- Non-bank Financial Institutions --- Financial Instruments --- Institutional Investors --- Education: General --- Civil service & public sector --- Labour --- income economics --- Investment & securities --- Education --- Social media --- social networking --- Civil society --- Human capital --- Stocks --- Economic sectors --- Financial institutions --- Social networks --- Technology --- Labor economics --- United States