The rsources owned by an individual or a family are called resources.
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Individual resources are those resources which are owned by an individual and can't be accessed by someone else. These are also referred as private resource. These are indicators of a capitalist country and its influence. For eg - land, house, car etc.
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Answered by
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Individual: Resources owned by individuals are called Individual Resources. For example – land owned by farmers, house, etc. Community: Resources owned by community or society are called Community Owned Resources.
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