classify resources on the basis of ownership mention the main feature of each
Answers
Answer:
Resources are not classified on the basis of ownership, industries are.
The types of industries based on ownership are:
1) Private Sector Industry: The industries which are owned by an individual or by a group of individuals, those industries are known as private sector industries.
2) Public Sector Industries: The industries which are owned and operated by the government are public sector industries. For example- Hindustan Aeronautics Limited
3) Joint Sector Industries: The industries which are owned and operated by the state and a group of individuals is a joint sector industry. For example- Maruti Udyog Limited
4) Co-operative Sector Industries: Industries which are owned and operated by the producer and supplier of raw materials, workers or both is known as co-operative sector industry. For example- AMUL
Hey buddy, resources are classified on the basis of origin, occurrence, renewability and development. I hope you don’t make a mistake again in asking a question.
Hope you got your answer.
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Here is ur ans:
(i) Classification for resources on the basis of ownership:
(a) Individual resources
(b) Community owned resources
(c) National resources
(d) International resources
(a) Individual resources:
Resources which are privately owned against the payment of revenue by individuals. e.g., ponds, pasture lands etc.
(b) Community owned resources: Resources which are accessible to all the members of a community, e.g., picnic spots.
(c) National resources: AII the resources (minerals, water resources, forests, wildlife, land) which are present in the political boundaries and oceanic area of a nation up to 12 nautical miles in the ocean from the coast, termed as terrestrial water and resources therein belong to the nation.
(d) International resources: There are international institutions which regulate some resources. The oceanic resources beyond 200 nautical miles of the Exclusive Economic Zone belong to open ocean and no individual country can utilise these without the concurrence of international institutions
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