Resource Theory

 Conflict is caused when one party wants the resource the other has or when two or more parties want the same resource. People fight over resources because they are scarce or limited. Resources could be tangible or intangible. They could be in different forms such as land or territory, money, coal, oil, water, etc.

Max Weber classified resources into three categories: wealth, power and prestige. Wealth is a tangible resource which includes money, land etc. Power is a resource, for those who own and possess it and can make decisions about whether to allocate them or not and how to allocate them. Prestige means respect or reputation, which is based on ranking from the most respected to the less respected. It is a resource as all of us desire to have it but not all of us can have it.

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