Social capital can be categorized into three types:
Bonding Social Capital: This involves close-knit relationships with family, friends, and close associates. It is crucial for emotional support and trust-building. Bridging Social Capital: This form of social capital involves connections with individuals from diverse social groups. It is useful for gaining new perspectives and accessing a broader range of resources. Linking Social Capital: This type refers to connections with individuals or groups in positions of power or authority, such as investors, policymakers, and industry leaders. It can provide access to opportunities and resources that are otherwise out of reach.