Exam 2: Understanding Capital

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Social networks made up of homogeneous groups of people

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Bonding social capital

A lack of financial capital in developing countries is a primary deterrent for small business development.

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True

Sculptures of historic figures are examples of intangible cultural capital.

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False

Bridging social capital plus government leadership leads to a more effective form of social capital.

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Factors of production that generate wealth through investment

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Building and maintaining infrastructure can increases social capital and political capital.

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The ability to use power in support of political or economic positions

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Which of the following is a form of financial capital?

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The links, shared values, and understandings that enable individuals and groups in a society to trust one another and so work together

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Crowd sourcing is a financial model in which equity firms provide low-cost loans to business start-ups.

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Within the economic growth paradigm, natural resources are harvested to produce wealth.

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Physical cultural and historical artifacts, such as architecture or other built heritage

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A financial model in which individuals or organizations solicit investment from a large, relatively open, and often rapidly-evolving, group of internet users

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Which of the following is an example of increasing local stakeholder networks?

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Reciprocity implies that all members are working together towards a common goal

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The stock of knowledge, habits, social and personality attributes, including creativity, embodied in the ability to perform labor so as to produce economic value

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Nongovernmental organizations that use donor funding to support loan and credit options for start-up businesses are an example of financial linkages.

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Natural capital and environmental capital are the same thing.

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The part of an economy that is under government control, financed through tax revenue, and provides services for all members of society (public services)

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Human capital can be transformed into human resources.

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