classify and explain resources on the basis of ownership
Answers
Individual Resources are resources that are owned privately by individuals, e.g.
• land owned by farmers (allotted by the government against the payment of revenue)
• platations, pasture lands, ponds, water in wells owned by individuals
• plots, houses and other property owned by people in the city
etc.
Community Resources are resources accessible to all the members of a community. Examples :
• Village commons (grazing grounds, burial grounds, village ponds, etc.)
• public parks, picnic spots, and playgrounds in urban areas
National Resources are all the reasources that belong to a nation. Examples :
• roads, canals, railways, etc.
• minerals, water resources, forests, wildlife, etc.
• land within the political boundaries,
• territorial water and the resources within
The term territorial water refers to the oceanic area upto 12 nautical miles (19.2 km) from the coast.
The country has legal powers to acquire even private property for public good. Urban Development Authorities get empowered by the government to acquire land
International Resources are regulated by certain international institutions. These include :
• the oceanic resources beyond 200 km of the Exclusive Economic Zone,
which belong to open ocean and no individual country can utilise these without the concurrence of international institutions. i think this will be helpful
Answer:
Classify resources based on ownership explain it.
On the basis of ownership resources are divided into 4 sectors :-
Owned and operated by government agencies e. g. BHEL, SAIL etc.
Owned and operated by Private individuals or a group of Individuals e. g. TISCO, Bajaj Auto Ltd, Dabur Industries, Reliance etc.
These sector are jointly run by the state and Individuals or a group of individuals e. g. Oil India Ltd.
Owned and operated by the producers or supplier of raw materials, workers or both. They pool in the resources and share the profits or losses proportionately such as the sugar industry in Maharashtra, and the coir industry in Kerela.