Resources owned by individuals are known as:

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Community-owned resources

National resources

Individual resources

Potential resources

answer is C.

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Detailed Solution

Individual resources are those owned by individuals. It is a classification of resources based on ownership. Such resources are not accessible to others. A plot of land owned by someone is an example of an individual resource. Since it is the private property of someone, individual resources can also be called private resources. The influence of capitalism in a country can be determined by the distribution of individual resources that act as indicators of a capitalist country. Houses, plots, books, pens, and such articles are individual resources. Community-owned, national, and international resources are other resources based on their ownership. These resources are vital for development.

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