Human capital includes the health skills and

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Unformatted text preview: amounts of social, economic, and environmental capital defined as follows (modified from (Dodds 2008)): Social capital includes human, social, and institutional capital. “Human capital includes the health, skills and knowledge embodied in people, and the physical ability to do work. Human capital can be enhanced through education and training, and through improved nutrition and physical and mental health. Social and institutional capital includes networks of relationships between people, rules and governance arrangements, and shared norms and culture. Social capital contributes to well-being directly, such as through relationships and sense of identity. It also has an important role in facilitating the coordination and use of other forms of capital to promote human well-being.” Institutions such as employers or the government can preserve or increase social capital by providing support services such as childcare, counseling, and rehabilitation of criminals. Economic capital (often called “Produced” capital, which is som...
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