classify resources on the basis of ownership
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➡️Resources can be classified on the basis of their ownership :
➡️Individual : are own by individual and it becomes their own property.
➡️Community : which are accessible to all members of society or community. e.g.- public path.
➡️ National : the country has power and right over all the property of the country.
➡️International : there are some international institutes which regulates some resources. no individual country can utilise them without the concrene of international institutions, e.g.- oceans.
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➡️Resources can be classified on the basis of their ownership :
➡️Individual : are own by individual and it becomes their own property.
➡️Community : which are accessible to all members of society or community. e.g.- public path.
➡️ National : the country has power and right over all the property of the country.
➡️International : there are some international institutes which regulates some resources. no individual country can utilise them without the concrene of international institutions, e.g.- oceans.
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