communal resources

Collectively owned goods

Communal resources are assets shared by a group rather than owned individually—water sources, grazing land, fishing grounds, public parks.

The term appears in discussions of how communities manage shared property: The village maintained communal resources through informal agreements.

Economists study how communal resources avoid overexploitation, since what belongs to everyone risks being depleted by anyone.

Related

fishing rights · open access · forests · traditional knowledge · local councils · neighborhood watch · shared spaces · public land · grazing lands · wetlands · village well · biodiversity · public transportation · schools · educational materials · hospitals · recreational facilities · urban gardens

Opposites
ownership structure

communal resourcesprivate property

Individually owned assets

private ownership · personal property · personal assets · sole ownership · individual ownership

Family

communal, commune, communally, community, communities, communitarian, common, commonly, commons

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Top 500,000
Profile
Used worldwide · Timeless · Everyday, not technical · Rated G