Classify the resources on the basis of ownership and explain each with example
Answers
Explanation:
Individual Resources: These are owned privately by individuals. Many farmers own land which is allotted to them by government against the payment of revenue. Urban people own houses, plots and other property. So plantation, pasture land, ponds, etc. are some of the examples of resource ownership by individuals.
Community-owned Resources: These are resources which are accessible to all the members of the community. For example, grazing grounds, burial grounds, village ponds, etc. and public parks, picnic spots, playground, etc. are accessible to all people. Thus they are community- owned resources.
National Resources: All the resources within the nation are called national resources. All the minerals, water resources, forests, wildlife, land within the political boundaries and oceanic area upto 12 nautical miles from the coast and resources within the nation, belong to the nation.
International Resources: There are international institutions which regulate some resources. The oceanic resources beyond 200 kms of the Exclusive Economic Zone belong to open ocean and no individual country can utilise these without the permission of international institutions.
Answer:
Individual Resources: These are also owned
privately by individuals. Many farmers own
land which is allotted to them by government
against the payment of revenue.
Community Owned Resources: There are
resources which are accessible to all the
members of the community. Village commons
(grazing grounds, burial grounds, village
ponds, etc.) public parks, picnic spots, playgrounds in urban areas are accessible to all the people living there.
National Resources: Technically, all the
resources belong to the nation. The country
has legal powers to acquire even private
property for public good. You might have seen
roads, canals, railways being constructed on
fields owned by some individuals.
International Resources: There are
international institutions which regulate some
resources. The oceanic resources beyond 200
km of the Exclusive Economic Zone belong to
open ocean and no individual country can
utilise these without the concurrence of
international institutions.