Question

Briefly explain the classification of resources on the basis of ownership​

Answer 1

Answer:

On the basis of ownership resources can be classified into four types. (i) Individual resources: These are owned privately by individuals. ... (ii) Community owned resources: The resources which are accessible to all the members of the community are called community owned resources.

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Answer 2

Answer:

individual Resources:

Resources which are owned by private individuals are known as individual resources plot ,fields, houses ,cars, books are some examples of individual resources

community owned Resources:

The resources which are accessible by all the members of the community are known as community resources village ponds,publics parks,playgrounds e.t.c some examples of community resources

National Resources :

all resources which are under the control of the state or union government are known as Natural Resources all resources within political boundaries of a nation or natural resources because the government has the power to acquire even the private properties

International resources:

these resources are owned and regulated by international Institutions the ocean across sources beyond 200 kilometres of exclusive Economic Zone belong to the open ocean and no individual country can utilise this without the concurrence of the international institutions

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