社会資本
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Meanings
1
social capital; SOC
Economic term for infrastructure and public facilities that support economic activity. The abbreviation SOC stands for Social Overhead Capital.
The government is focusing on developing social capital.
Roads and harbors are important social capital.
Usage patterns
- 社会資本を整備するto develop/improve infrastructure
The government announced a plan to develop infrastructure such as roads and ports.
- 社会資本に投資するto invest in infrastructure
Investing in infrastructure is important for economic growth.
- 社会資本の老朽化aging (deterioration) of infrastructure
The aging of infrastructure has become a serious problem.