Question

Define Individual, Community and Natural Resources.

Answer 1

Dear Student,
Individual resources are those resources which are owned by a person or a group of people (e.g. partners, family) and these resources are the property of an individual or a group. No one else can use these resources without the permission of the individual.
Community resources are resources which are owned by a group of people living in a particular area. E.g. Community park, community clubhouse, etc.
Natural resources are resources which are made available by nature itself. No human interference is required for their economic value.
Regards