CMN 1148 Lecture Notes - Lecture 8: Social Exchange Theory, Fundamental Interpersonal Relations Orientation, Social Capital

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2015 11 23 chapter 8 building and maintaining relationships the value of relationships reasoning for forming relationships. Social capital: a resource based on interpersonal connections that can be converted into economic and other benefits. Bonding social capital: benefits that result from close relationship with parents, children, and other family members. Bridging social capital: benefits that result from connections with friends and close associates. Linking social capital: benefits that result from relationships with people in positions of power who are outside of our usual network(business leaders or entrepreneurs whom we interact on a casual and infrequent basis) Social capital is the resources embedded in one"s social network. Resources can be anything desirable, such as information, status, or interpersonal connection. Such resources are accessed or mobilized through network ties. When an individual has an adequate amount of social capital, there is an increased level of trust, reciprocity, and a sense of belonging.

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