Definition of Allocation of Resources
(noun) How ownership rights and asset use are determined.
Example of Allocation of Resources
- Typically in a group of hunters-and-gatherers, resources are shared and everyone has the same rights of ownership in the group.
Allocation of Resources Pronunciation
Syllabification: al·lo·ca·tion of re·sour·ces
- American English – /al-uh-kAY-shuhn uhv rEE-sor-suhz/
- British English – /al-uh-kAY-shuhn UHv ri-zAWs-iz/
International Phonetic Alphabet
- American English – /ˌæləˈkeɪʃən ʌv ˈrisɔrsɪz/
- British English – /ˌæləʊˈkeɪʃ(ə)n ɒv rɪˈsɔːsɪz/
- Plural: allocations of resources
- Also called resource allocation.
- An (noun) allocator (verb) allocates (adjective) allocatable resources.
- Economic Sociology Resources – Books, Journals, and Helpful Links
- Word origin of “allocation” and “resource” – Online Etymology Dictionary: etymonline.com
- division of labor
- economic system
- market economy
- market exchange
- reciprocal exchange
- subsistence economy
- unit of production
ASA – American Sociological Association (5th edition)
Bell, Kenton, ed. 2014. “allocation of resources.” In Open Education Sociology Dictionary. Retrieved July 31, 2021 (https://sociologydictionary.org/allocation-of-resources/).
APA – American Psychological Association (6th edition)
allocation of resources. (2014). In K. Bell (Ed.), Open education sociology dictionary. Retrieved from https://sociologydictionary.org/allocation-of-resources/
Chicago/Turabian: Author-Date – Chicago Manual of Style (16th edition)
Bell, Kenton, ed. 2014. “allocation of resources.” In Open Education Sociology Dictionary. Accessed July 31, 2021. https://sociologydictionary.org/allocation-of-resources/.
MLA – Modern Language Association (7th edition)
“allocation of resources.” Open Education Sociology Dictionary. Ed. Kenton Bell. 2014. Web. 31 Jul. 2021. <https://sociologydictionary.org/allocation-of-resources/>.