Components of social capital and effects of economic development

The examination of relations among persons and institutions which based on confidence in terms of economic situation is known as social capital. On path to economic growth of countries, there are positive effects of social capital. It is not possible to explain economic growth only through physical capital richness or poverty. Thus, in order to have a desired level of economic growth, the social capital which brings a new dimension to social capital should be improved.Social capital and the examination of its effects on economic growth constitutes the basic topic of this study. So, this study is formed by the parts of economic growth, social capital and components, the relations of social capital and economic growth.Key Words: Social capital, economic development, confidence