Revenue Allocation (Including Resource Control) - SS2 Economics Lesson Note

Revenue allocation refers to the process of distributing the income or financial resources generated by a government or organization among different entities or levels of government. The aim of revenue allocation is to ensure that resources are shared in a fair and equitable manner, and to promote economic development and social welfare.

On the other hand, resource control refers to the authority of a government or community to manage and regulate the natural resources within its jurisdiction. This may include control over land, water, minerals, oil, and other resources.

For example, in some countries, revenue generated from natural resources such as oil is controlled by the federal government, which then distributes it among the different states or regions. However, some states or regions may argue that they have more control over the natural resources and should receive a greater share of the revenue

Revenue allocation and resource control are often interconnected, as the distribution of revenue can be influenced by the control of resources. In some cases, the control of resources can also be a source of conflict between different levels of government or between different communities.