The impact of social capital on economic empowerment in Esan South-East Local Government Area, Edo State
- Project Research
- 1-5 Chapters
- Abstract : Available
- Table of Content: Available
- Reference Style:
- Recommended for :
- NGN 5000
Background of the Study:
Social capital—the networks, relationships, and norms that facilitate collective action—plays a crucial role in economic empowerment, particularly in Esan South-East Local Government Area. Strong community ties foster trust, cooperation, and resource sharing, which can lead to improved economic opportunities for residents (Okoro, 2023). Social capital enables access to informal financing, job opportunities, and entrepreneurial networks that are often absent in formal sectors (Adebayo, 2024). Enhanced social interactions have been linked to better collective responses to economic challenges, thus contributing to community resilience and growth (Ijeoma, 2023). However, disparities in social capital distribution can also lead to exclusion and inequity, affecting overall economic empowerment. This study explores how social capital influences economic outcomes and community development, shedding light on strategies to harness social networks for improved livelihoods (Udo, 2024).
Statement of the Problem:
Despite the potential benefits of social capital, economic empowerment in Esan South-East remains uneven. Limited access to strong social networks and exclusion of marginalized groups hinder equitable economic growth, thereby exacerbating socio-economic disparities (Chisom, 2023).
Objectives of the Study:
-
To evaluate the role of social capital in economic empowerment.
-
To identify barriers to effective utilization of social networks.
-
To propose strategies to enhance social capital for economic growth.
Research Questions:
-
How does social capital influence economic empowerment?
-
What barriers limit effective social networking in the area?
-
What strategies can improve the distribution of social capital?
Research Hypotheses:
-
Social capital significantly enhances economic empowerment.
-
Inequality in social networks negatively impacts economic growth.
-
Strengthening community networks improves economic outcomes.
Significance of the Study:
This study is significant as it clarifies the role of social capital in driving economic empowerment. Its findings will help policymakers design interventions that strengthen community ties and promote inclusive economic development (Obi, 2024).
Scope and Limitations of the Study:
Limited to the topic only.
Definitions of Terms:
-
Social Capital: The networks and relationships that facilitate cooperation within a community.
-
Economic Empowerment: The ability of individuals to improve their economic status.
-
Marginalization: The process by which certain groups are excluded from full participation in society.
Related Project Materials
INFLUENCE OF MODEL OFFICE AND STUDIO ON SKILLS ACQUISITION OF BUSINESS EDUCATION STUDENTS IN COLLEGES OF EDUCATION
Background to the Study
Business studies refers to those business subjects taught at the secondary school level such as...
EFFECT OF EMPLOYEE JOB SATISFACTION ON ORGANIZATIONAL PRODUCTIVITY
ABSTRACT
It is pertinent to emphasize that a worker's reaction at work helps to determine the outpu...
Impact of Sports Commentary on Regional Unity: A Case Study of Sokoto North Local Government Area, Sokoto State
Chapter One: Introduction
1.1 Background of the Study
Sports commentary has long been recognized as a unifying force, transcend...
The Impact of Donor Funds on Financial Accountability in Missionary Schools in Plateau State
Background of the Study
Missionary schools in Nigeria have played a pivotal role in pr...
Assessing the Use of Questionnaires for Evaluating Corporate Event Outcomes in Makurdi Local Government Area, Benue State
Chapter One: Introduction
THE EXTENT OF HOME ECONOMICS LITERACY AMONG SECONDARY SCHOOL SCIENCE TEACHERS
Abstract
Due to the necessity of everybody to become home economics literate in our society, have made us to carry out t...
The effect of customer data analytics on targeted advertising: A study of an online service provider in Kano
Background of the study
Customer data analytics plays a crucial role in enabling targeted advertising by providing insight...
AVAILABILITY AND ADEQUACY OF RESOURCES FOR EFFECTIVE DATA PROCESSING INSTRUCTION IN SECONDARY SCHOOL IN OJO LOCAL GOVERNMENT AREA OF LAGOS STATE
Background Of The Study
Education is critical to a country's economic growth because it aims to pro...
The impact of alcohol and drug abuse on youth health in Uhunmwonde Local Government Area, Edo State
Background of the Study
Alcohol and drug abuse among youth is a growing public health concern with far-re...
THE IMPACT OF HUMAN RESOURCE MANAGEMENT ON TOTAL QUALITY MANAGEMENT
ABSTRACT
This project focuses on exploring the Total Quality Human Resource Management practices at Un...
