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Widespread approaches to the conceptualization and measurement of social capital have been subjected to critical examination in recent years; some argue that its meaning and impact have been diluted. Many authors have subsequently clarified the concept of social capital as fungible resources: social norms, rules, and obligations formed from youths' social networks that provide benefits to youth that further positive development. Using latent profile analysis on social capital data gathered from middle school students, the authors offer a measurement approach that more closely reflects this conceptualization by more effectively accounting for critical information about the varied sources and the aggregate effects of those sources of capital. The authors label the resulting multiple microsystem patterns of social capital “portfolios,” making explicit the conceptual connection of social capital to other forms of capital...
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