THE INFLUENCE OF SOCIAL CAPITAL, HUMAN CAPITAL, AND NATURAL CAPITAL ON ECONOMIC GROWTH AND COMMUNITY WELFARE

Research conducted in West Nusa Tenggara using the Solow Development Theory to
link the variables of social capital, human capital, and natural capital to economic
development and people's welfare found that social capital had a significant effect on
economic development and people's welfare. Then the research results can provide
an answer about the level of people's welfare in West Nusa Tenggara Province,
which is still below the national average. Based on the research results, it can be
denied that a social capital-based economic growth management policy is needed to
improve the welfare of the people in West Nusa Tenggara. Then these actions must be
taken because economic growth is a good intervention variable for social capital.
Also, it is necessary to consider the regional government so that the management of
the financial area is based on economic growth, which is necessary for the welfare of
the people in West Nusa Tenggara.
Keywords: Social Capital, Human Capital, Natural Capital, And Economical