Brifly explain the classification of resource based on ownership
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Based on ownership resources can be classified as individual,community, national and international.
. Individual resources : These are the resources which are owned by one single person. Examples - individual property, house, car, etc
. Community resources :These are the resources which are owned by a single community or a group of community or people. Examples - Park owned by a community, ground owned by a group of people.
. National resources:These are the resources which are owned by government which can be utilized by government for public welfare in fact all the resources are initially owned by government . Examples - public park, public garden,, etc.
. International resources :These are the resources which are owned by the international organization like UNO. Examples - resources came under beyond 12 nautical miles of ocean from any country's boarder.
. Individual resources : These are the resources which are owned by one single person. Examples - individual property, house, car, etc
. Community resources :These are the resources which are owned by a single community or a group of community or people. Examples - Park owned by a community, ground owned by a group of people.
. National resources:These are the resources which are owned by government which can be utilized by government for public welfare in fact all the resources are initially owned by government . Examples - public park, public garden,, etc.
. International resources :These are the resources which are owned by the international organization like UNO. Examples - resources came under beyond 12 nautical miles of ocean from any country's boarder.
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